Mt. Gox Moves $953M in BTC Defunct exchange Mt. Gox transferred 10,608 BTC its largest move in 8 months. Wallet still holds 34,689 BTC, with creditor repayments delayed until Oct 2026 → nearly $4B in BTC stays off-market for another year. Traders surprised by the timing; some fear this signals potential selling pressure amid the ongoing correction. The receiving wallet has not sent coins to exchanges, reducing immediate risk. Despite repayments starting in 2024, BTC is still up 60% thanks to strong institutional demand. The transfer is a red flag, but no exchange deposits = no confirmed sell-off yet. Market is watching closely.