Long-bankrupt crypto exchange Mt. Gox moved over 24,000 Bitcoin to an unknown address after the cryptocurrency struck above $100,000.
Long-collapsed crypto exchange Mt. Gox moved over 24,000 Bitcoin, worth nearly $2.5 billion, to an unknown address on Dec. 5 after the cryptocurrency hit a milestone of $100,000.
Arkham Intelligence data shows the exchange moved 24,051 Bitcoin (BTC) to an unknown address with no previous history starting with “1N7j” at 2:45 am UTC on Dec. 5 in its first transfer since Nov. 12.
Mt. Gox’s move came just 12 minutes after Bitcoin crossed $100,000 and less than half an hour before Bitcoin hit a high of $104,000 on Coinbase at 3:08 am UTC, per TradingView.