Bitcoin (BTC) fell 2 percent after wallets belonging to the collapsed crypto exchange MtGox moved 75 thousand 21 BTC worth approximately $ 5 billion to an unknown wallet

Bitcoin (BTC) fell 2 percent after wallets belonging to the collapsed crypto exchange MtGox moved 75,021 BTC, worth approximately $5 billion, to an unknown wallet.

The frightening transfer in Bitcoin, defunct crypto exchange Mt. Gox's plan to return BTC assets to creditors before October. X account Whale Alert, known for its onchain data, revealed four onchain statistics ranging from 3,999 BTC to over 16,500 BTC in May 28 X posts

Blockchain research firm Arkham Intelligence found that from 01:41 to 02:54 UTC on May 28, multiple Mt. Gox cold wallet, including a total of 21 transfers, most of which moved 2,000 BTC at once.

Mt. Gox moved an additional 32,137 BTC to the same address at 04:11 UTC, bringing its total holdings to over $5 billion worth of Bitcoin. All transactions pointed to a single inactive address. Arkham, Mt. Gox still owns approximately 138,000 #BTC worth over $9.36 billion.

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