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Creditors Hopeful as Mt. Gox Moves Over $1 Billion in Bitcoin


Mar, 25, 2025
< 1 min read
by Peter Mwangi
for CoinEdition
Creditors Hopeful as Mt. Gox Moves Over $1 Billion in Bitcoin
  • Mt. Gox moved 11,501.4 BTC worth $1B in two major transactions on March 25, 2025.  
  • Mt. Gox’s Bitcoin holdings of 24,245 BTC could indicate upcoming creditor payouts.  
  • Bitcoin’s trading volume surged 85.12% amid ongoing Mt. Gox Bitcoin transfers.

Troubled cryptocurrency exchange Mt. Gox has once again made significant Bitcoin movements. On March 25, 2025, the exchange transferred a substantial 11,501.4 BTC, valued at over $1 billion, in two notable transactions. 

The first transaction involved the movement of 10,608 BTC, worth approximately $929.7 million, to a new wallet. The second transaction saw 893.4 BTC, valued at $78.3 million, being sent to a warm wallet.

This recent activity follows a similar event that occurred on March 11, 2025, when Mt. Gox moved 11,834 BTC, then valu…

The post Creditors Hopeful as Mt. Gox Moves Over $1 Billion in Bitcoin appeared first on Coin Edition.

Read the article at CoinEdition

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Creditors Hopeful as Mt. Gox Moves Over $1 Billion in Bitcoin


Mar, 25, 2025
< 1 min read
by Peter Mwangi
for CoinEdition
Creditors Hopeful as Mt. Gox Moves Over $1 Billion in Bitcoin
  • Mt. Gox moved 11,501.4 BTC worth $1B in two major transactions on March 25, 2025.  
  • Mt. Gox’s Bitcoin holdings of 24,245 BTC could indicate upcoming creditor payouts.  
  • Bitcoin’s trading volume surged 85.12% amid ongoing Mt. Gox Bitcoin transfers.

Troubled cryptocurrency exchange Mt. Gox has once again made significant Bitcoin movements. On March 25, 2025, the exchange transferred a substantial 11,501.4 BTC, valued at over $1 billion, in two notable transactions. 

The first transaction involved the movement of 10,608 BTC, worth approximately $929.7 million, to a new wallet. The second transaction saw 893.4 BTC, valued at $78.3 million, being sent to a warm wallet.

This recent activity follows a similar event that occurred on March 11, 2025, when Mt. Gox moved 11,834 BTC, then valu…

The post Creditors Hopeful as Mt. Gox Moves Over $1 Billion in Bitcoin appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Digital Gold vs. Real Gold: Bitcoin’s Volatile Rally Closes In on $3.5K+ Gold

Digital Gold vs. Real Gold: Bitcoin’s Volatile Rally Closes In on $3.5K+ Gold

Bitcoin’s performance versus gold is back in focus this week. Today, Crypto Rover sha...
Apr, 24, 2025
< 1 min read
by CoinEdition
Bitcoin Hits $94,000 with Short Liquidations and Growing Investor Confidence

Bitcoin Hits $94,000 with Short Liquidations and Growing Investor Confidence

Bitcoin’s (BTC) price surpassed $94,000, triggering strong market movement. At the ti...
Apr, 24, 2025
< 1 min read
by CoinEdition