Analysis: The large transfer address of Mt. Gox is a new storage wallet

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On March 25, according to Yuji monitoring, the Mt. Gox address in Mentougou transferred funds 15 minutes ago:

Transferred 893.4 BTC (approximately $78.11 million) to a hot wallet address starting with 1Jbez;

Transferred 10,608 BTC (approximately $927 million) to an address starting with 1DcoA.

Based on previous Mt. Gox transfer patterns, the 893.4 BTC is expected to be transferred to a compensation trading platform for compensation, while the 1DcoA address is the new storage wallet for Mt. Gox.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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