Mt. Gox Moves $3B Bitcoin to New Wallet, $130M to Bitstamp Exchange

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Shaurya is the Deputy Managing Editor for the Data & Tokens team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.

Defunct crypto exchange Mt. Gox moved billions of dollars worth of bitcoin between wallets and sent $130 million to Bitstamp.

The cryptocurrency movements echo those of yesterday as Mt. Gox repays customers hit by a hack 10 years ago.Defunct bitcoin {{BTC}} exchange Mt. Gox moved a fresh batch of the asset to new wallets on Wednesday, tempering chances of a price rally as sentiment remained dented.shows Mt. Gox moved 37,400 BTC, worth $2.5 billion, from its main wallet to a new wallet"12Gws9E," and another $300 million to an existing cold wallet.

 

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