Mt. Gox Moves 10,600 BTC Worth $953M to New Wallet, Sells $16.8M via Kraken

The defunct Mt. Gox exchange transferred 10,600 BTC valued at $953 million from a cold wallet to a new address and sold 185.5 BTC worth $16.8 million through Kraken. The transactions mark the first major wallet activity in eight months. Mt. Gox currently holds 34,600 BTC worth $3.14 billion after distributing most of its holdings since creditor repayments began in July 2024.