👀👀Bitcoin Stock Exchange Tests Before Giant Transfer: Watch Out for 5.3 Billion Wallets! 👀👀

Bankrupt cryptocurrency exchange Mt.Gox started testing operations to complete the repayment process to creditors.

Mt.Gox, which has repaid more than $3 billion in creditors in recent weeks, has started testing transactions for 80,128 BTC worth $5.3 billion.

According to the information provided by on-chain analysis platform Arkham, Mt.Gox transferred 0.02 BTC to the address starting with "1Adb" and 0.0001 BTC to the address starting with "bc1q" on July 30. It is anticipated that these transfers were made for testing purposes before larger transactions.

Stock market transfers may be on the agenda again

Mt.Gox had repaid both its corporate and individual creditors through different methods in previous processes. One of the most common methods of refunds was transfers made through exchanges such as Kraken and Bitstamp.

In recent weeks, billions of dollars worth of Bitcoin and tens of millions of dollars worth of Bitcoin Cash (BCH) have been sent to the Kraken and Bitstamp exchanges. These exchanges quickly returned these escrow balances to their original owners.

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