Mt. Gox moved 11,501 BTC ($905M) to an unmarked wallet, possibly signaling upcoming creditor repayments, which could impact Bitcoin prices.
The bankrupt exchange, which lost 850,000 BTC in a 2014 hack, began repaying creditors in July 2024 but delayed full repayments to October 2025.
It still holds $2.8B in BTC, and past large transfers have preceded distributions.
However, it remains unclear if Monday’s move is directly linked to repayments.
Source: The Block
6