The bankrupt cryptocurrency exchange Mt.Gox has transferred another 13,265 BTC ($784 million) to an unknown address, according to data from Arkham.
The transactions were preceded by an internal transfer of 1,265 BTC between the platform’s wallets, with the funds sent to cold storage.
The latest movements of Mt.Gox assets to external addresses, totaling 33,964 BTC ($2.25 billion) and 858 BTC ($56.8 million), were recorded at the end of July.
Earlier this month, the exchange began distributing approximately 140,000 BTC (~$9 billion at that time) among clients. The civil rehabilitation process for Mt.Gox users commenced in June 2018.
Some experts have suggested that the distribution of Mt.Gox bitcoins could exert selling pressure on the market, while others have deemed such concerns exaggerated.
QCP Capital noted that the process inevitably introduces uncertainty for the price of digital gold.