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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
One of the Biggest Bitcoin Transactions in History from Mt.Gox: Sent Billions of BTC! - Coin Bulletin
Since its bankruptcy, Mt. Gox has made one of its largest transfers by moving 11,834 Bitcoins worth over 1 billion dollars to a new wallet with the address (BTC).
The bankrupt cryptocurrency exchange Mt. Gox transferred Bitcoin worth more than 1 billion dollars to a new wallet in the early hours today. According to Arkham Intelligence data, the transferred BTC was sent from the '1PuQB' wallet to the '1Mo1nW5ZM5m2tx9qMsYm2YJxGn3TeS9gR9' address. At the same time, the exchange transferred 166.5 BTC to its cold wallet, which is approximately $15 million.
(# The repayment process is ongoing
Mt. Gox, which lost approximately 740,000 BTC in a hack in 2014, has been working to repay investors since that time. The company had announced in its latest statement in April 2024 that the repayment process has been extended until October 31, 2025.
It was stated that 8,820 BTC were transferred to B2C2 Group in the period of November-December 2024, which is approximately $760 million ). It is stated that there are currently 24,245 BTC in the known wallets of Mt. Gox, approximately $2.19 billion###.
Such large wallet movements are generally associated with the transfer of assets to new addresses or consolidation operations before being transferred to exchanges.