Mt. Gox has transferred 12,000 BTC (worth $709.44 million) to an unknown wallet.
The defunct cryptocurrency exchange sent the Bitcoin to wallet address “1PuQB…nWhTb” at around 11:39 p.m. UTC on Tuesday, according to blockchain analytics firm Arkham.
Additionally, 1264.69 BTC ($74.77 million) was transferred to address “1Jbez…LAPs6,” identified as a cold wallet belonging to Mt. Gox.
Last week, a wallet likely belonging to cryptocurrency exchange BitGo moved the majority of around $2 billion worth of Bitcoin it received from Mt. Gox to a separate wallet. Such movements of Bitcoin in the recent past have preceded repayments from Mt. Gox to its creditors.
