Mt. Gox Moves 11,502 Bitcoin Amid Price Surge
- Mt. Gox transferred 11,502 Bitcoin valued at over $1 billion.
- A significant $927 million was deposited into an unidentified wallet.
- Bitcoin’s price surged to $87,000 during the transaction.
- The defunct exchange still holds approximately 35,583 Bitcoin worth about $3 billion.
- Mt. Gox extended its payout deadline to October 31, 2025.
On Monday, Mt. Gox moved a substantial amount of Bitcoin as the cryptocurrency’s price peaked at $87,000. Despite this large transfer, recent activities show minimal impact on market prices. The exchange continues to hold a significant amount of Bitcoin and has extended its compensation deadline for former users.
Source (2.6)https://cryptobriefing.com/mt-gox-bitcoin-transfer-surges/?rand=59535
