Home” Bitcoin” Mt. Gox triggers Bitcoin wallets, makes little transfers to picked exchange for payments
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Jul. 4, 2024
It's uncertain if the most recent wallet activities become part of a trial run for bigger transfers connected to the upcoming payments.
Secret Takeaways
- Little bitcoin deals from Mt. Gox wallets are thought to be part of preparations for a $9 billion payment strategy.
- Funds from these deals are directed to exchanges like Kraken and Bitbank, which will help with gain access to for their customers.
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A couple of wallets connected to Mt. Gox moved a percentage of Bitcoin earlier today, according to information from Arkham Intelligence. A part of the Bitcoin stash was indirectly sent out to a wallet identified by Arkham coming from Bitbank, among the exchanges picked to deal with Mt. Gox lender payments.
Mt. Gox wallets participated in little Bitcoin deals
Arkham Intelligence reports that these deals consisted of 3 wallets connected with the now-defunct exchange, with the biggest deal being around $24. The transfer is apparently a test deal ahead of huge client payments prepared for this month.
In addition to Bitbank, Mt. Gox apparently sent out part of the Bitcoin total up to an unknown wallet. The function of this transfer is uncertain.
The current motions come as Mt. Gox' s trustee prepares to start payments in July. The payments won' t go straight to customers. Rather, they' ll be sent out to a number of exchanges such as Kraken, Bitstamp, and Bitbank which will then disperse the funds to the consumers (Mt. Gox lenders).
The payment procedure can use up to 90 days. The particular schedule for these dispensations stays unannounced.
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