Mt. Gox, which started Bitcoin distributions in early July, made a test transaction that could be a harbinger of another major transfer. 0.021 BTC was sent from the exchange’s account to an unknown address. (Arkham later stated that this address belongs to the Bitstamp exchange) Mt. Gox had previously made small test transfers before large transfers of thousands of BTC.

The Mt. Gox bankruptcy administration, which made transfers to BitBank and SBI VC Trade exchanges in recent weeks, also made its first distribution to the Kraken exchange last week. Kraken exchange confirmed the distributions with emails sent to its customers.

Kraken exchange announced that it will start distributions to its creditors who are due within 7 to 14 days, although the deadline is 90 days.

Bitcoin Down…

On the other hand, Mt. Gox’s test transfer also caused a decline in the Bitcoin price. The largest cryptocurrency, which was around $67,800 before the transfer, experienced a decrease of around $500-600.

The amount of Bitcoin in Mt. Gox’s hands has decreased to 90,000 after the distributions.

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