Mt. Gox Moves Another 5,106 BTC to Bitstamp

In the past two hours, Mt. Gox has transferred 5,106 BTC, valued at $336M, to Bitstamp from the address 1JbezDVd9VsK9o1Ga9UqLydeuEvhKLAPs6.

Recent Activity:

Address: 1JbezDVd9VsK9o1Ga9UqLydeuEvhKLAPs6 (belonging to Mt. Gox)

Transferred: 5,106 BTC ($336M)

To: Bitstamp

Since July 5, 2024, Mt. Gox has been actively moving large amounts of BTC, totaling 61,559 BTC ($3.88B), to various exchanges:

July 5: Deposited 2,702 BTC ($146M) to Bitstamp and SBI VC Trade

July 16: Moved 48,641 BTC ($3.06B) to the wallet "3JQie," possibly for a Kraken deposit, where they remain untouched

July 23: Deposited 5,110 BTC ($340M) to Bitstamp

July 24: Deposited 5,106 BTC ($336M) to Bitstamp

Current Holdings:

Mt. Gox is reported to still hold 128,768 BTC ($8.5B), including the 48,641 BTC ($3.2B) in the new wallet "3JQie."

This series of large transactions suggests significant strategic movements by Mt. Gox, with potential implications for the market.