𝐎𝐧-𝐂𝐡𝐚𝐢𝐧 𝐂𝐡𝐞𝐜𝐤: 𝐌𝐭. 𝐆𝐨𝐱 𝐌𝐨𝐯𝐞𝐬 $𝟕𝟑𝟗𝐌 𝐢𝐧 𝐁𝐓𝐂
Mt. Gox addresses just woke up for the first time in two months, shifting roughly $739M out of cold storage.
Normally, these wallets lighting up triggers instant panic, but on-chain data shows it’s just routine backend repositioning for creditor payouts. With the trustee pushing the final repayment deadline all the way out to October 31, 2026, there is zero immediate distribution pressure hitting the market.
The estate is still sitting on roughly 34,500 BTC ($2.4B), but spot order books completely absorbed the transfer. Price is holding perfectly flat right around $70,650 on BingX.
Its standard house cleaning, keep tracking, but no reason to sweat the volatility.
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