Long-Difact Mount Goks Exchange has made a change of $ 1 billion on a large scale of bitcoin, marking its first major transactions in a month.
On 6 March, the blockchain analytics firm Arkham Intelligence demolished the movement of 12,000 bitcoins (BTC) from Mount Gox-Linked Wallet (1PUQB). The transaction, which was at $ 1.64 fees, distributed 166.5 BTC (~ $ 15 million) to the exchange of exchange of exchange (1jbez), while the remaining 11,834 BTC was sent to an unknown wallet (1MO1N).
According to Arkham Intelligence, Mount Goks-Bed Walats are now around 36,080 BTC, which is about $ 3.26 billion. data,
This is the first activity from these wallets since a modest 4 BTC transfer between cold storage addresses in January. The reason behind the latest transaction is not clear. In December, Mount Goks transferred 1,620 BTC through unknown addresses, a few weeks after shifting more than 24,000 BTC.
After losing over 800,000 bitcoins, Mount Goks, once the largest bitcoin exchange, went down in 2014. The creditors are still demanding repayment after years of a long bankruptcy process.
The time limit of the Paback was recently extended from 31 October 2024, by a trustee of Mount Goks funds to 31 October 2025. Some creditors are still waiting for bitcoin or bitcoin cache (BCH) to disbursement, while others have already received fiat repayment.
While the previous bitcoin movements tied to Mount Goks have caused market reactions, the current transfer has not had a significant immediate effect on BTC prices. Traders, however, are still careful with potential sales if complete repayments begin.
The development comes as the trade tariff of US President Donald Trump, which came into force on 4 March, causing instability in the cryptocurrency markets and harassing risky property. This week, bitcoin came up with a lot of ups and downs, reached $ 94,769 on March 3 and fell to $ 82,681 on March 4 amidst the concerns of Trump tariffs.
Crypto.news price According to the tracker, it has again increased above $ 90,000 and is currently trading 4% in the last 24 hours to $ 91,224.
