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@levingood
Analysis of Recent BTC Transfer Events from Mt. Gox Timeline and Key Developments: Small Test Transaction (10 minutes ago) 0.000017 BTC transferred to Kraken deposit address: This very small transfer may be a test of the transaction channel, similar to the small test model in July 2024 (e.g., 0.021 BTC transfer), used to verify address validity or the exchange integration process. If the test is successful, larger compensation transfers may be initiated later. 893.41 BTC Transferred to New Address (1FodP...b28DB) Usage Speculation: Combined with other transfer records from today (March 25, 2025), the 893.41 BTC may be related to the same batch transferred to hot wallets, intended for subsequent compensation to creditor trading platforms (such as BitGo or partner exchanges). The compensation process typically involves transferring BTC from cold wallets to hot wallets, then distributing to creditors.
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@levingood
Large Transfer from Cold Wallet (5 hours ago) Details of $927 million BTC transfer: The total amount transferred is 10,608 BTC, directed to new address 1DcoA (marked as Mt. Gox new storage wallet). This move may be part of an asset restructuring, aiming to isolate compensation funds from long-term stored assets to avoid concentrated market sell-off pressure. Market Impact and Historical Patterns Sell-off Pressure Risk The remaining BTC held by Mt. Gox is approximately 125,651 coins (as of May 2024). Recent frequent transfers may accelerate the compensation process for creditors; if creditors choose to sell, it could create short-term sell-off pressure in the market. Historical Case: In July 2024, after Mt. Gox transferred 42,587 BTC ( 2.85bilion)inoneday,theBTCpricebrieflydroppedbelow 2.85billion)inoneday,theBTCpricebrieflydroppedbelow67,000 but rebounded afterward.
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