Mt. Gox transfers $335M in Bitcoin to Bitstamp, unknown wallet
Mt. Gox continued its repayments on July 24, by offloading 5,106 Bitcoin (BTC), valued at approximately $335 million, to the cryptocurrency exchange Bitstamp and an unidentified address.
According to Arkham Intelligence data , around 5,106 Bitcoin ( BTC ) were sent out at 06:16 UTC, split into 2,237 BTC worth $147 million, sent to Bitstamp, and around 2,869 BTC to an unknown address.
The unknown address, beginning with 1MzhW , promptly shifted the funds to another wallet, beginning with 12azL , followed by one final move to addresses linked to Bitstamp.
This is a developing story, and further information will be added as it becomes available.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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