Catenaa, Thursday, November 20, 2025- Defunct crypto exchange Mt. Gox moved 10,608 BTC, valued at approximately $956 million, to an unmarked wallet late Monday night, according to data from Arkham Intelligence.
About 10,422 BTC were sent to the unmarked address “1ANkD…ojwyt,” while roughly 185 BTC went to the exchange’s own hot wallet.
The purpose and recipient of the transfers remain unclear, though past bitcoin movements from Mt. Gox have often preceded repayments to creditors who lost funds when the exchange went bankrupt.
Mt. Gox began repaying creditors in July 2024 from remaining holdings that included 142,000 BTC, 143,000 Bitcoin Cash, and 69 billion Japanese yen.
Some repayments have already been processed via Kraken and Bitstamp exchanges.
Founded in 2010, Tokyo-based Mt. Gox was once the world’s largest bitcoin exchange, handling about 70% of all bitcoin trades by 2013.
A major hack in early 2014 led to the loss of roughly 850,000 BTC and forced the company into bankruptcy protection.
The exchange still retains 34,689 BTC, valued at about $3.1 billion, across various wallets, Arkham data shows.
In October, Mt. Gox’s rehabilitation trustee announced a further delay to the creditor repayment schedule, pushing the deadline to October 2026.
