According to data from Arkham Intelligence, a significant amount of cryptocurrencies from crypto exchange Mt Gox were transferred to a new wallet towards the end of Thursday night.
This comes just before the platform prepares to repay its creditors $9 billion worth of Bitcoins.
The transfer included 47,228.7 BTC, or approximately $2.71 billion, from one of Mt Gox’s three wallets to a wallet ending in “6onk.” This was followed by two smaller transactions, one worth $24 in Bitcoins.
Mt Gox announced in late June it would begin distributing funds worth more than $9 billion to its creditors in early July.
