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Mt. Gox moves 116.3 BTC to Bitstamp amid creditor payout deadline in October 2026

Market News
04 Jun 2026, 10:35 WIB
Blockonomi
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Bearish
Mt. Gox moves 116.3 BTC to Bitstamp amid creditor payout deadline in October 2026

Mt. Gox transferred 116.3 BTC (about $8.16 million) to Bitstamp on June 4, 2026, continuing its pattern of moving Bitcoin for creditor repayments. This follows a larger transfer of 10,422 BTC earlier that week, linked to the upcoming final creditor payout deadline of October 31, 2026. Around 24,081 BTC worth $1.55 billion still remains in Mt. Gox wallets, making these movements significant for market volatility. The transfers may signal preparations to convert crypto to cash or distribute Bitcoin directly to creditors via exchanges like Bitstamp.

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