Mt. Gox moves $739 million worth of bitcoin to two addresses

Source: The Block
Published: Jun 2, 2026
Ingested: 2026-06-02T10:12:01Z

Defunct cryptocurrency exchange Mt. Gox moved roughly $739 million worth of Bitcoin to two different addresses early Tuesday, on-chain data shows.

The transaction sent 10,306.35 BTC ($730.78 million) to a previously unseen address, while a smaller 116.30 BTC ($8.25 million) slice went to Mt. Gox's known hot wallet.

The split pattern mirrors earlier administrative transfers that preceded creditor distributions. Mt. Gox still holds roughly 34,504 BTC valued at $2.43 billion.

The current repayment deadline is October 31, 2026. Around 19,500 creditors have received funds. The movement comes during a sharp bitcoin slide below $71,000.