Cointelegraph by Josh O'Sullivan
2024-07-24 03:08:08
cointelegraph.com
Mt. Gox continued its repayments on July 24, by offloading 5,106 Bitcoin (BTC), valued at approximately $335 million, to the cryptocurrency exchange Bitstamp and an unidentified address.
According to Arkham Intelligence data, around 5,106 Bitcoin (BTC) were sent out at 06:16 UTC, split into 2,237 BTC worth $147 million, sent to Bitstamp, and around 2,869 BTC to an unknown address.
The unknown address, beginning with 1MzhW, promptly shifted the funds to another wallet, beginning with 12azL, followed by one final move to addresses linked to Bitstamp.
![](https://s3.cointelegraph.com/uploads/2024-07/98a75388-354e-43f9-b85f-91c75261c414.png)
This is a developing story, and further information will be added as it becomes available.