{"id":15703,"date":"2024-07-31T10:10:00","date_gmt":"2024-07-31T07:10:00","guid":{"rendered":"https:\/\/forklog.com\/en\/mt-gox-transfers-2-25-billion-in-bitcoin\/"},"modified":"2024-07-31T10:10:00","modified_gmt":"2024-07-31T07:10:00","slug":"mt-gox-transfers-2-25-billion-in-bitcoin","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/mt-gox-transfers-2-25-billion-in-bitcoin\/","title":{"rendered":"Mt.Gox Transfers $2.25 Billion in Bitcoin"},"content":{"rendered":"<p>The bankrupt cryptocurrency exchange Mt.Gox has transferred another 33,964 BTC ($2.25 billion) to an unknown address and conducted an internal transfer of 47,229 BTC ($3.13 billion), according to data from <a href=\"https:\/\/platform.arkhamintelligence.com\/explorer\/entity\/mt-gox\">Arkham<\/a>.<\/p>\n<p>Analysts have been unable to determine the owner of the wallet, beginning with &#8220;bc1q26&#8221;, to which the funds were sent.<\/p>\n<p>The latest transaction follows a series of Mt.Gox coin transfers worth billions of dollars to specific platforms, including Bitbank, Kraken, Bitstamp, and SBI VC Trade.<\/p>\n<p>In a statement dated July 24, the exchange&#8217;s trustee reported that on July 5, 16, and 24, payments were made to <a href=\"https:\/\/www.mtgox.com\/img\/pdf\/20240724_aeedf9f1-7f27-40ec-ad70-26d2811167a5_announcement_en.pdf\">over 17,000 clients<\/a>.<\/p>\n<p>According to Arkham, wallets associated with Mt.Gox still hold 80,128 BTC valued at $5.32 billion.<\/p>\n<p>Analysts have suggested that the sale of coins received by the exchange&#8217;s clients could put pressure on the market. However, some believe such concerns are exaggerated.<\/p>\n<p>Previously, Glassnode assessed the potential impact of Mt.Gox sales on the price of Bitcoin. In their view, the market could &#8220;absorb&#8221; the negative pressure.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The bankrupt cryptocurrency exchange Mt.Gox has transferred another 33,964 BTC ($2.25 billion) to an unknown address and conducted an internal transfer of 47,229 BTC ($3.13 billion), according to data from Arkham. Analysts have been unable to determine the owner of the wallet, beginning with &#8220;bc1q26&#8221;, to which the funds were sent. The latest transaction follows [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":15702,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,136],"class_list":["post-15703","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-mtgox"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/15703","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=15703"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/15703\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/15702"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=15703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=15703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=15703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}