Mt. Gox Moves $1 Billion In BTC Again—Is A Market Shakeup Coming?

Mt Gox, the failed Tokyo-based crypto exchange, is back in the news after on-chain data confirmed that it has moved 11,501. 4 Bitcoins worth over $1 billion to its two crypto wallets. Arkham Intelligence shared this latest information, which revealed that the once-popular crypto exchange moved over 11,000 Bitcoins on March 25th. The analytics company stated that the exchange transferred 899 Bitcoin to a cold crypto wallet (1Jbez) and another 10,608 Bitcoins to another account (1DcoA) source: https://www.newsbtc.com/news/bitcoin/mt-gox-moves-1-billion-in-btc-again-is-a-market-shakeup-coming/