**Bitcoin Wallet Linked to Mt. Gox Makes Test Transaction**

A wallet holding $2.19 billion in Bitcoin from the defunct Mt. Gox exchange initiated a test transaction at 10:57 UTC, according to Arkham Intelligence. Suspected to be managed by Bitgo, this wallet is part of the final phase of distributing funds to Mt. Gox creditors.

Key Points:

- The wallet, currently holding 33,105 BTC worth $1.96 billion, had been dormant for two weeks.

- The value of BTC has dropped by $23 million since the initial transfer on July 30.

- 67.7% of the Mt. Gox distribution process is complete, with no significant market impact.

- Mt. Gox creditors are receiving repayments in BTC and Bitcoin Cash via exchanges like Kraken, Bitstamp, and Bitgo.

This marks a significant step in resolving the decade-long Mt. Gox saga.