Another 5,000 BTC moved from Mt.Gox

On September 4, an unknown mover transferred another 5,000 BTC (about $96.1 million) linked to the failed cryptocurrency exchange Mt.Gox. The information comes from the Telegram channel GFiS.

The funds were sent to the Kraken exchange. The coins were purchased in 2013 at around $660 per BTC.

According to the blockchain explorer OXT.me, these bitcoins were moved in internal transfers to wallets associated with Mt.Gox. A number of facts indicate that they most likely belong to Mt.Gox’s founder Jed McCaleb. He sold the platform to Mark Karpeles in 2011.

The ownership of the assets by McCaleb was indirectly confirmed by Karpeles himself in a private chat with the author of the GFiS channel in a private conversation with the author of the GFiS channel. He insisted, however, that the withdrawal was an ‘ordinary private individual’s transaction’.

«However, such a volume of bitcoins is too large for an ‘ordinary private individual’, even for 2011. Transfers of such large sums to exchanges are usually made either for OTC deals, or to ‘confuse the traces’»

In July McCaleb moved all of his XRP.

Historically, moves of ‘sleeping’ large sums have preceded significant corrections.

Earlier on August 29, 10,000 BTC linked to Mt.Gox moved for the first time since 2013.

The day before, the exchange’s creditors rejected rumors of fund restitution in the civil rehabilitation process.

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