**News Flash: Mt. Gox Prepares for Creditor Repayments via Bitstamp**

Mt. Gox is gearing up to repay its creditors through the Bitstamp cryptocurrency exchange. Recent on-chain movements show the first test transactions from Mt. Gox to Bitstamp cold wallets, flagged by Arkham Intelligence on July 22.

- **Test Transactions**: Mt. Gox addresses deposited $1 to four separate Bitstamp addresses, likely as test transactions.

- **Repayment Details**: Over $9.4 billion in Bitcoin is owed to around 127,000 creditors who have been waiting for over a decade.

- **Market Concerns**: Some investors worry that repayments could introduce sell pressure, potentially affecting Bitcoin's price.

- **Creditor Intentions**: A Reddit poll suggests 56% of creditors plan to hold their Bitcoin, while 20% intend to sell.

The Mt. Gox wallet currently holds over 90,300 Bitcoin, valued at $6.12 billion. The exact repayment date remains unclear, but these test transactions indicate final preparations are underway.