Mt. Gox Moves Around $165 Mln In BTC And BCH From Its Wallets

16,000 Bitcoin (BTC) and 16,000 Bitcoin Cash (BCH) have been moved out of cold wallets associated with the infamous, now defunct Japanese Bitcoin (BTC) exchange MT. Gox today, April 26, according to Mt. Gox cold wallet tracking data on Crypto Ground.

The wallets are under the control of Mt. Gox’s bankruptcy trustee, Nobuaki Kobayashi. As displayed on the cold wallet monitor, the exchange has moved 16,000 BTC, worth $144 mln, and 16,000 BCH, worth around $21.7 mln by press time. The sums were moved out in multiple batches of 2,000 BTC and BCH to various addresses. The BTC amounts were then consolidated in two transactions to a single BTC address, and the BCH in four transactions to a single BCH address.

Investor and Bitcoin enthusiast Alistair Milne, wrote on Twitter that the cryptocurrency community “obviously [doesn’t] know if [the moved coins] were sold or just moved for some other reason.”

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