Mt. Gox transfers $731M in Bitcoin to new wallet as market eyes $70K support

Mt. Gox transfers $731M in Bitcoin to new wallet as market eyes $70K support

Mt. Gox transferred 10,306 BTC (~$731M) to a new wallet, first on-chain movement in two months as creditor repayments approach October 31, 2026 deadline. The $731M Bitcoin liquidity shift signals potential market volatility and massive holder positioning, critical for teams managing crypto exposure or blockchain strategy.