#bitcoin

Bitcoin soars to the top as Mt. Gox hours become more active

Published 29 seconds ago, Last updated 26 seconds ago

Share:

The budgets of the bankrupt cryptocurrency exchange Mt. Gox have become more active once again. The exchange moved $172.5 million worth of Bitcoin to another unknown address after the BTC price broke a record at $108,000.

Blockchain analysis platform Arkham Intelligence reported that 1,619 Bitcoins moved from Mt. Gox's budget on December 17. This amount was divided into two parts: a transfer of 1,427 BTC and another transaction of 191 BTC. A portion of the 1,427 BTC reached a budget starting with "1DeY". On the other hand, it was seen that the 108 BTC and 191 BTC portion, after circulating in several different budgets, were collected in a budget starting with "1KLr" and currently holding 300 BTC.

The reason for the error in these transfers is not yet clear. Mt. Gox, which went bankrupt after ceasing operations in 2014, has often had creditor payments on the agenda when it moved crypto assets in the past.

Why is Mt. Gox moving Bitcoins?

A similar move occurred two weeks ago. Mt. Gox transferred more than 24,000 BTC worth $2.5 billion to an unknown address on December 5, just after Bitcoin surpassed $100,000 for the first time. According to Arkham Mt. Gox’s system