Mt. Gox Transfers $2.13 Billion Worth of Bitcoin to Unknown Address

A cryptocurrency wallet associated with the shuttered exchange Mt. Gox transferred 32,371 bitcoins ($2.13 billion) to an unknown address earlier today.

The massive transfer comes after creditors using cryptocurrency exchange Kraken received payments to their exchange accounts yesterday.

Mt. Gox also sent about $2.8 billion worth of bitcoin to a new address yesterday. Large transfers from Mt. Gox wallets often occur before large amounts of bitcoin are transferred to centralized exchanges to pay creditors.

Mt. Gox also started sending. Bitcoin Bitcoin

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Cryptocurrency exchange Bitstamp said: After receiving the funds, they will be distributed “as soon as possible”. Today, 2,237 BTC ($147 million) were transferred to an address (3QVD5), and then 382 BTC ($25 million) were transferred to a second address (3CgKH), both of which are marked as belonging to Bitstamp.

Mt. Gox was a Bitcoin exchange that opened in 2010, but went bankrupt after losing hundreds of thousands of Bitcoins in a series of thefts.

According to The Block’s Bitcoin price page, the price of Bitcoin fell by about 1% on the day.

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