BTC Drops Under $68K as Mt.Gox Sends $2.2B Bitcoin to Two Wallets
Tue, Nov 5, 2024 1:54 PM

BTC Drops Under $68K as Mt.Gox Sends $2.2B Bitcoin to Two Wallets

A Flip by Shubhangi Gupta
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A majority of that stash, or nearly 30,400 BTC, was sent to “1FG2C…Rveoy” and 2,000 BTC was moved to “15gNR…a8Aok” after first being sent to a Mt. Gox cold wallet. Mt. Gox moved of over 32,000 BTC ($2.2 billion) to new wallet addresses in preparation for future sales. The ongoing repayment plan, now extended to October 31, 2025, involves significant bitcoin transfers.

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