Mt. Gox Moves $953 Million Worth of BTC After 8 Months of Dormancy

Mt. Gox transferred 10,608 BTC worth approximately $953 million on Nov. 18, marking the first large movement from the defunct exchange since March 2025. The transfer occurred as Bitcoin briefly dropped below $90,000. The transaction is split into two parts: 10,422.64 BTC moved to an unmarked address, while 185.52 BTC transferred to a Mt. Gox hot wallet before routing through an intermediate address to a wallet labeled as Kraken, according to Arkham Intelligence blockchain data. The transfer executed at ...