Mt. Gox transfers 30,000 BTC valued at $2.4 billion amid price surge.
Bitcoin surpasses $81,000 as Mt. Gox repayment deadline approaches.
Trustees are likely preparing for creditor payouts by October 2025.
Mt. Gox, the defunct Bitcoin exchange, moved over $2.4 billion worth of BTC between cold wallets. This massive transfer, involving more than 30,000 BTC, comes amid a Bitcoin hitting an all-time high at $81,000, heightening anticipation surrounding the October 2025 repayment deadline for Mt. Gox creditors. The move is seen as a preparatory step by Mt. Gox trustees to fulfill creditor repayments, marking one of the largest cryptocurrency transfers in recent months.
Mt. Gox moves $2.4b in $BTC amid rising prices
Mt. Gox trustees transferred 30k+ BTC between wallets as #Bitcoin surpassed $81k, fuelling anticipation around the October 2025 repayment deadline.
This move signals their preparations for creditor repayment distribution. pic.twitter.com/GZj9mSUP8E
— India Crypto Research (@icr_indiacrypto) November 11, 2024
As the October 2025 repayment deadline for Mt. Gox creditors nears, the exchange’s trustees have taken a significant step toward finalizing re…
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