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Mt. Gox Moves $936M in Bitcoin After 8 Months of Silence

Published by
Sohrab Khawas

Mt. Gox has stirred the market again after eight months of silence, moving 10,423 Bitcoin, worth about 936 million dollars, to a fresh wallet address. On-chain data from trackers like Arkham Intelligence and analysts such as lookonchain confirm the shift from Mt. Gox–linked wallets as part of its long-running creditor repayment process. Traders are watching closely, as any future move of these coins to exchanges could increase selling pressure, even though repayments have already been delayed and staggered to ease market impact.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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