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<a href="https://optimisus.com/news/crypto-news/defunct-crypto-exchange-mt-gox-pushes-its-repayment-deadline-to-october-2025/" rel="noopener noreferrer nofollow">The once-prominent cryptocurrency exchange Mt. Gox</a>, which has been defunct since a major hack in 2014, has recently transferred a staggering $2.19 billion worth of Bitcoin to two undisclosed wallets.This transfer included over 30,000 Bitcoin sent to one wallet and an additional 2,000 Bitcoin that was first moved to a cold wallet before reaching another destination. This activity follows a previous transfer of 500 Bitcoin valued at over $35 million just days earlier.This latest movement marks one of the largest transactions from Mt. Gox this year. Earlier in May, the exchange had moved more than $9 billion in Bitcoin, followed by another $2.8 billion in July, actions believed to be part of preparations for repaying creditors who have been waiting since the exchange&#39;s collapse.The repayment deadline has now been extended to October 31, 2025, due to delays in creditors completing necessary steps and complications in the repayment process.In the broader cryptocurrency market, <a href="https://optimisus.com/news/crypto-news/bitcoin-hits-new-all-time-high-of-over-75k-as-trump-dominates/" rel="noopener noreferrer nofollow">Bitcoin has recently surged to over $75,000</a>, driven by significant market activity, including a $94 million liquidation of short positions.This price increase coincided with favorable early voting results for Republican candidate Donald Trump, who is perceived as more crypto-friendly than his Democratic rival, Kamala Harris. As Trump&#39;s chances of winning the presidency rose to 85% on betting platforms, Bitcoin saw a remarkable 7.5% increase in just one day.Additionally, Bitcoin is currently trading at a premium on Coinbase, reflecting renewed interest from U.S. investors. Meanwhile, Dogecoin has also made headlines, experiencing a nearly 20% rise since Tuesday and over 65% growth in the past month, solidifying its position as a leading cryptocurrency performer.

Mt. Gox moves 32,371 Bitcoin worth around $2.19 billion to two wallets

Optimisus

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