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Cryptocurrency News Articles

Mt. Gox and Marathon Digital Shovel 23,664 Bitcoins ($2.51B) After #Bitcoin Recorded a New ATH, Nearing $108K Today

Dec 17, 2024 at 07:17 pm

Two institutions moved 23,664 $BTC ($2.51B) after #Bitcoin recorded a new ATH, nearing $108K today!

Mt. Gox and Marathon Digital Shovel 23,664 Bitcoins ($2.51B) After #Bitcoin Recorded a New ATH, Nearing $108K Today

Two large Bitcoin transactions, totaling 23,664 BTC ($2.51 billion), were spotted following a new all-time high for the flagship cryptocurrency, which soared to $107,000.

The first entity, Mt. Gox, moved 1,620 BTC ($172.5 million) in the past six hours, including 1,320 BTC to its internal address and 300 BTC to B2C2 Group. Since early November, Mt. Gox has moved 7,500 BTC (around $650 million) to B2C2, likely for creditor payouts. As of now, Mt. Gox holds 37,404 BTC ($4.02 billion).

The second institution, BTC miner Marathon Digital, transferred 22,044 BTC ($2.34 billion) over the last fourteen hours. This vast amount of crypto was spread across forty unidentified wallets. Currently, the Bitcoin miner holds 14,364 BTC ($1.54 billion).

Robert Kiyosaki highlighted Bitcoin's new record peak of $107,780, noting that hardly anyone can buy a whole BTC. However, he pointed out the possibility of buying Bitcoin in particles (Satoshis), allowing anyone to purchase any amount they can afford.

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