In the past few hours, two transactions occurred in several Mt. Gox wallets associated with the upcoming $9 billion Bitcoin compensation.

According to $ARKM data, the transactions involved three wallets previously associated with the defunct exchange. The largest transaction was $24 in Bitcoin.

The last time funds from Mt. Gox were transferred on a large scale, the funds were mainly concentrated in three wallets. At that time, there was $24 left in a wallet that was once used as a transit. In the past few hours, this small amount of Bitcoin was forwarded to another wallet, which then sent the funds to Bitbank's hot wallet. The rest of the Bitcoin was sent to a new wallet.

Bitbank is one of the exchanges supporting the Mt. Gox compensation. The compensation was not paid directly to Bitcoin holders, but the funds were sent to five exchanges, namely Kraken, Bitstamp, SBI VC Trade, Bitbank and Bitgo, through custodians. All of these exchanges said that once they receive the funds, they will make the funds available to customers within a maximum of 90 days.

However, since this small amount of Bitcoin was not sent from any major wallet to the exchange, it is unclear whether this was a test transaction to send a larger amount.

The custodian previously said that the compensation would be paid from the beginning of July. The exact date when the funds were sent to the exchange has not been made public.

Before the Mt. Gox funds were paid to creditors, the price of Bitcoin fell by more than $10,000 in the last month. It is currently trading at around $57,700, down 5% in the past 24 hours.

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