Mt. Gox transferred over $172 million worth of Bitcoin to an unidentified wallet immediately after BTC set a new ATH.

The cryptocurrency exchange Mt. Gox no longer exists and has transferred approximately 172.5 million dollars worth of Bitcoin to unidentified wallets in less than 24 hours after the leading cryptocurrency exchange recorded a new all-time high of over 107,000 dollars. Data from Arkham Intelligence chain shows that Mt. Gox moved 1,691.6 Bitcoin to two unlabeled addresses on December 17th. The reason for the latest BTC transfer from Mt. Gox is still unclear. 1,691.6 BTC transferred by the exchange was divided into two transfers of 1,427.9 Bitcoin and 191.7 Bitcoin. The largest portion of the amount ended up in a wallet starting with "1DeY" after being transferred to another address. 108 BTC out of 1,427.9 Bitcoin was transferred and the remaining amount was 191.7 BTC, which was then transferred to several addresses before ending at an address starting with '1KLr'. The data on the blockchain indicates that this address currently holds 300 BTC. The reasons behind the recent transfer suspensions of the cryptocurrency exchange have not been clear for a long time. However, previous actions by Mt. Gox have been followed by creditor payments. Mt. Gox's actions do not confuse Bitcoin investors The latest money transfer transactions took place after Mt. Gox transferred over 24,000 BTC worth about $2.5 billion to an unspecified address just after this leading cryptocurrency exceeded the $100,000 threshold. Investors seem unfazed by the recent fluctuations of Bitcoin on this exchange, as BTC has been trading above $100,000 since December 13th. CoinMarketCap data shows that Bitcoin has risen more than 1% in 24 hours to trade at $106,910.90 as of 2:12 a.m. EST. This is an increase after reaching a new all-time high above $107,000 in the last trading session. According to data from Farside Investors, US Bitcoin ETFs (exchange-traded funds) also extended their impressive streak of capital inflows to 12 days after investors poured $636.9 million into these investment products yesterday. BlackRock's IBIT led the inflows with $418.2 million, bringing their total holdings to over 36,301 BTC.

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