Bankrupt cryptocurrency exchange Mt. Gox has resumed Bitcoin transfers, with 12,000 BTC moved during a week marked by market volatility.
On March 6, Arkham Intelligence notified its users on X the Mt. Gox wallet had transferred 12,000 Bitcoins, valued at just over $1 billion, with a transaction fee of $1.64.
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Simultaneously, 166.5 BTC, worth approximately $15 million, were sent to the Mt. Gox cold wallet.
The remaining coins were transferred to an unidentified wallet, which now holds 11,834 BTC.
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This is the first Bitcoin transaction from wallets linked to Mt. Gox in a month.