Mt. Gox Wallets Shift $1B in BTC Amid Market Volatility
In a surprising turn, long-dormant Mt. Gox-linked wallets have executed their first major Bitcoin transfer in over a month, moving roughly $1 billion in BTC. On March 6, blockchain analytics firm Arkham Intelligence flagged the movement of 12,000 BTC from a wallet associated with Mt. Gox. Of these, about 166.5 BTC (roughly $15 million) were sent to the exchange’s cold storage, while the remaining 11,834 BTC was directed to an unknown wallet.
Mt. Gox wallets moved 12,000 BTC ($1B) in a major transaction, sparking caution amid market swings and tariff concerns.