🚨BREAKING🚨

🆘Collapsed cryptocurrency exchange Mt. Gox recently transferred $9.6 billion worth of #Bitcoin, marking its first significant on-chain movement in five years.

🔴This move into a new wallet consolidates 141,686 $BTC and raises hopes among creditors for repayment by the end of October 2024.

👉The transfer aligns with Mt. Gox's plans to resolve outstanding debts to around 127,000 creditors, pending since the platform's collapse in 2014 due to multiple hacks.

⚠️This development slightly impacted Bitcoin prices, indicating market sensitivity to the potential creditor repayments.