{"id":16262,"date":"2024-08-21T09:55:43","date_gmt":"2024-08-21T06:55:43","guid":{"rendered":"https:\/\/forklog.com\/en\/mt-gox-transfers-784-million-in-bitcoin\/"},"modified":"2024-08-21T09:55:43","modified_gmt":"2024-08-21T06:55:43","slug":"mt-gox-transfers-784-million-in-bitcoin","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/mt-gox-transfers-784-million-in-bitcoin\/","title":{"rendered":"Mt.Gox Transfers $784 Million in Bitcoin"},"content":{"rendered":"<p>The bankrupt cryptocurrency exchange Mt.Gox has transferred another 13,265 BTC ($784 million) to an unknown address, according to data from <a href=\"https:\/\/platform.arkhamintelligence.com\/explorer\/entity\/mt-gox\">Arkham<\/a>.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Mt.-Gox-Google-Chrome-1.webp\" alt=\"Mt.-Gox-Google-Chrome-1\" class=\"wp-image-239354\"\/><figcaption class=\"wp-element-caption\">Data: Arkham.<\/figcaption><\/figure>\n<p>The transactions were preceded by an internal transfer of 1,265 BTC between the platform&#8217;s wallets, with the funds sent to cold storage.<\/p>\n<p>The latest movements of Mt.Gox assets to external addresses, totaling 33,964 BTC ($2.25 billion) and 858 BTC ($56.8 million), were recorded at the end of July.<\/p>\n<p>Earlier this month, the exchange began distributing approximately 140,000 BTC (~$9 billion at that time) among clients. The civil rehabilitation process for Mt.Gox users commenced in June 2018.<\/p>\n<p>Some experts have suggested that the distribution of Mt.Gox bitcoins could exert selling pressure on the market, while others have deemed such concerns exaggerated.<\/p>\n<p>QCP Capital noted that the process inevitably <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-faces-uncertainty-amid-mt-gox-compensation-distribution\">introduces uncertainty<\/a> for the price of digital gold.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The bankrupt cryptocurrency exchange Mt.Gox has transferred another 13,265 BTC ($784 million) to an unknown address, according to data from Arkham. Data: Arkham. The transactions were preceded by an internal transfer of 1,265 BTC between the platform&#8217;s wallets, with the funds sent to cold storage. The latest movements of Mt.Gox assets to external addresses, totaling [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16261,"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":[1300,1166,1227,136],"class_list":["post-16262","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bankruptcy","tag-centralized-exchanges-cex","tag-cryptocurrency-transactions","tag-mtgox"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/16262","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=16262"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/16262\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/16261"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=16262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=16262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=16262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}