Bitcoin Drops

❗ Bitcoin (BTC) fell by 2% on May 28 after wallets linked to the collapsed cryptocurrency exchange Mt. Gox transferred a large amount of Bitcoin to an unknown wallet.

🔸 Arkham Intelligence tracked four transactions from 1:41 to 2:54 GMT, including a total of 21 transfers from multiple cold wallets of Mt. Gox. Currently, nearly 138,000 BTC, worth over $9.36 billion, are still held by the exchange.

🔸 The final deadline for Mt. Gox repayments is October 31. The trustee began contacting creditors in January to verify their identities and exchange accounts for settlement.