Orhan 
The defunct crypto exchange Mt. Gox recently drew the attention of investors by transferring a significant amount of Bitcoin to two separate addresses. This action was seen by investors as a possible indication of an upcoming round of payments to creditors.
According to Arkham Intelligence, on Sunday, November 10, at 6:39 a.m. EST, the Mt. Gox wallet labeled “1FG2C…Rveoy” transferred 27,871 Bitcoin, valued at $2.24 billion, to a new wallet marked “1Fhod…QLFRT,” and an additional 2,500 Bitcoin, worth $200 million, to Mt. Gox’s cold wallet. Over the past week, this wallet received a total of 30,371 BTC from Mt. Gox. Activity in Mt. Gox’s Bitcoin holdings resumed at the end of October after a month-long pause.
It is not yet confirmed whether these transfers are part of upcoming distributions to Mt. Gox’s creditors. However, similar movements in the past were observed before repayments were made through centralized exchanges like Bitstamp and Kraken. Thus, investors interpreted these transfers as a potential sign of an imminent payment round. As per Arkham data, Mt. Gox currently holds a total of 44,378 Bitcoin.
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