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Mt. Gox Shuffles $2.4B Bitcoin Between Wallets as BTC Hovers Near $82K: Arkham Coindesk 3 weeks ago

Mt. Gox Shuffles $2.4B Bitcoin Between Wallets as BTC Hovers Near $82K: Arkham 💼

Mt. Gox trustees have executed a massive transfer of over 30,000 Bitcoin, valued at approximately $2.4 billion, amid Bitcoin's price nearing $82,000. This transfer involved moving Bitcoin from wallet address '1FG2C…Rveoy' to a new wallet, '1Fhod…LFRT'.

Additionally, a significant $200 million was relocated to a Mt. Gox cold wallet, indicating careful management of assets in a fluctuating market. The operations highlight the immense value and strategic asset management involved in the cryptocurrency sector.

Source: www.coindesk.com ↗