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Defunct crypto exchange Mt. Gox moved a combined $739 million worth of bitcoin (BTC) to two addresses early Tuesday

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Mt. Gox moves $739 million worth of bitcoin to two addresses: Arkham.

Mt. Gox transferred 10,306 BTC, worth roughly $730.8 million, from its cold wallets to the unmarked address "14FE…c9eq" at around 4:47 a.m.

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Summary

Defunct crypto exchange Mt. Gox moved a combined $739 million worth of bitcoin (BTC) to two addresses early Tuesday, according to Arkham Intelligence data. Mt. Additionally, at around 6:46 a.m., Mt. Gox transferred another 116.3 BTC to the address "1A4x…QNj4," along with a small amount of bitcoin worth roughly $1.19 to a Bitstamp cold wallet. The Arkham page currently marks the transferred bitcoin as "unspent," and it remains unclear whether the funds would be used for future creditor repayments. Tuesday's transactions marked the entity's first bitcoin movement since late March, when it shifted a relatively small amount of bitcoin between its wallets.

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