Dormant Bitcoin Wallet Linked to Mt Gox Saga Moves $60 Million for the First Time Since 2013

According to onchain data, a bitcoin whale address transferred 2,071.5 bitcoin, worth approximately $60 million, after remaining dormant since December 19, 2013. Interestingly, this bitcoin address is linked to two wallets that sent 10,000 bitcoin last summer for the first time in nine years and are associated with the now-defunct exchange Mt Gox.

2,071 Bitcoin Spent on Wednesday Linked to the ‘1McUC’ Mt Gox-Associated Address On April 19, 2023, at 4:45 p.m. (UTC), a previously inactive wallet since 2013 moved 2,071.5 BTC. The stash was valued at around $1.36 million when it first arrived at the address “1JdTW” and had grown to $60 million by the time of transfer on Wednesday. Several BTC parsers, including Btcparser.com caught the movement. Furthermore, Bitcoin.com News discussed it with blockchain researcher Taisia, the admin of the Telegram channel “GFISchannel.”