unfolded.|Jun 02, 2026 06:59
Mt. Gox moved 10,306 BTC (~$739M) to an unmarked address and 116 BTC to its hot wallet—its first major transfer since March. It still holds 34,504 BTC worth $2.43B.
This is part of the long-running creditor repayment process, now extended to October 2026. The move adds familiar overhang pressure and short-term FUD risk, though past transfers have often routed gradually through custodians and exchanges rather than immediate spot dumps.(unfolded.)
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