worldcoinindex.com
Mt. Gox has re-entered the spotlight after shifting 10,608 BTC — worth roughly $953 million — in its largest Bitcoin transaction in eight months, even as its long-awaited creditor repayments have been delayed yet again until October 31, 2026.
Blockchain data shows that the Mt. Gox-tagged cold wallet moved the funds into a new address identified as “1ANkD”, marking the first seven-figure outbound transfer since March 25. That previous transfer saw 893 BTC — then valued at $77.3 million — leave the same wallet.
Despite this major transfer, Mt. Gox still holds 34,689 BTC, valued at over $3.14 billion, underscoring the scale of dormant assets tied up in its decade-long rehabilitation saga.
The timing raised eyebrows across the crypto market. The exchange recently secured court approval to delay roughly $4 billion in creditor repayments for another year, citing unresolved administrative processes. The extension effectively keeps a massive amount of BTC off the market, easing fears of a sudden liquidity shock or creditor-driven sell-off.
Some traders initially interpreted the transfer as a potential pre-sale maneuver. However, the receiving wallet has shown no movement toward exchanges, suggesting no imminent liquidation.
Mt. Gox, once the world’s top Bitcoin exchange with more than 70% market share at its peak, collapsed in 2014 after losing about 850,000 BTC in a catastrophic security breach. Since then, creditors have faced years of delays, amendments, and shifting deadlines as the civil rehabilitation process trudges on.
For now, the latest transfer adds another layer of mystery — and another year of waiting for thousands of creditors still stuck in one of the most infamous chapters in crypto history.