The Mt. Gox wallet drew attention when it transferred 27,871 BTC, worth about 2.8 billion USD, to an unidentified address on December 4th. This transaction coincided with Bitcoin reaching a record high of over 100,000 USD, marking a historic milestone for cryptocurrency. 📈

According to Arkham Intelligence, the wallet associated with the defunct exchange still holds 39,878 BTC, worth over 4 billion USD. This move comes amid the ongoing process of repayments to Mt. Gox creditors.

Although history shows that such wallet activities often create bearish market sentiment, Bitcoin's price has recently indicated the opposite. 🌟