The bankrupt cryptocurrency exchange Mt. Gox has transferred approximately 2.2 billion dollars’ worth of Bitcoin 
$98,675 to unidentified wallet addresses, according to data from blockchain analysis firm Arkham. On Monday, Mt. Gox sent 32,371 BTC to two different unknown wallets, marking the largest transfer recorded from the exchange in recent times.
Transfer Details and Wallet Addresses
In total, 30,371 BTC was sent to a wallet named “1FG2C…Rveoy.” The remaining 2,000 BTC was transferred to another wallet identified as “1Jbez…LAPs6.” Additionally, an internal transfer of 2,000 BTC occurred from one of Mt. Gox’s cold wallets to another.
Previous Transfers and Payment Process
This significant transaction followed a smaller transfer of 500 BTC to two unknown wallets last week. The recent transfer has drawn attention as the first substantial transaction from the exchange since September, raising questions regarding the timing of these actions.
Mt. Gox’s movements seem to be part of a strategy to manage assets in the payment process for creditors. Experts suggest that these transfers could be linked to the exchange’s liquidity management and debt repayment strategy.
Next Steps and Uncertainties
Details regarding the purpose of these transactions remain unclear, as does the future use of the new wallet addresses. However, Mt. Gox’s actions are considered a significant step in the debt repayment process.
