Mt. Gox, the long-defunct Japanese cryptocurrency exchange, transferred more than 10,600 Bitcoin, valued at nearly $950 million, to a previously unmarked wallet, reigniting concerns in an already volatile crypto market.
Roughly 10,422 Bitcoin were sent to a fresh, unidentified address, while approximately 185 Bitcoin were returned to a Mt. Gox-controlled "hot" wallet. Analysts estimate that Mt. Gox still holds around 34,689 Bitcoin, worth over $3.1 billion at current market prices.
