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Mt. Gox Moves $956M Worth of BTC As Prices Tank

Mt. Gox, the former cryptocurrency exchange, recently transferred approximately 10,608 BTC, valued at $950 million, to new wallet addresses as Bitcoin prices continue to decline. The transfer occurred late on November 17, 2025, with a large portion sent to an unidentified address and a smaller amount returned to Mt.

Mt. Gox Moves $956M Worth of BTC As Prices Tank

On November 18, 2025, Mt. Gox executed a significant transfer of approximately 10,608 BTC, valued at around $950 million, to new wallet addresses amidst a downturn in Bitcoin prices. The move occurred around 11:40 p.m. ET, with a majority of the BTC sent to an unidentified address

Mt. Gox Moves $956M Worth of BTC As Prices Tank

Mt. Gox, the long-defunct cryptocurrency exchange, transferred approximately 10,608 BTC, valued at $950 million, to a new wallet address in a significant on-chain move. This transfer occurred recently amidst a decline in Bitcoin's price, which has hit seven-month lows near $90,000. Although it is uncertain if