Mt. Gox moved 116.3 BTC, worth about $8.25 million, to Bitstamp after a cold-wallet transfer, while still holding about 35,000 BTC for creditor or claimant distributions; the source says the move does not indicate a sale.
Mt. Gox, the failed Bitcoin exchange, still holds about 35,000 BTC to distribute to creditors or claimants. On-chain analyst EmberCN said 116.3 BTC, worth about $8.25 million, was moved from the exchange’s cold wallet and arrived at Bitstamp on June 3, with the activity flagged on June 4. The source says the transfer does not show that Bitcoin was sold, though wallets linked to Mt. Gox are closely watched for signs of repayment flows or potential market impact.