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Mt. Gox Transfers $739 Million in BTC After 6 Months, Destination Unknown

2026-06-02 04:57

Odaily Planet Daily News According to monitoring by crypto analyst Ai Yi @ai_9684xtpa, a cold wallet associated with Mt. Gox transferred 10,423 BTC to a new address approximately 6 minutes ago, valued at around $739 million.

Additionally, the same address sent 116 BTC (worth approximately $8.25 million) to a Mt. Gox hot wallet. The 10,423 BTC transferred to the new address have not yet moved further, and their specific purpose remains unclear.

This marks the first large-scale on-chain transfer from a Mt. Gox-associated address in roughly six months.