Bankrupt cryptocurrency exchange Mt. Gox sent 116.3 BTC to Bitstamp on June 4, 2026. The transfer, worth approximately $8.16 million, was detected by blockchain analysis company Arkham Intelligence. The move in question is considered as a new link in the broader wallet traffic monitored within the scope of repayments to creditors.
The latest transfer to Bitstamp attracted attention
In the same week Mt. A total of 10,422 more BTC was moved from Gox-linked wallets. While the majority of this large transfer, worth approximately $739 million, went to a newly created address, a smaller portion of 116.3 BTC was later directed to Bitstamp.
Bitstamp has also used Mt. Gox was among the platforms used for creditor payments. It is stated that the last transaction may have been made in preparation for the conversion of crypto assets into cash for repayments or to benefit from the infrastructure of the exchange in the distribution of Bitcoin directly to creditors. Founded in 2011, Bitstamp is known as one of the oldest cryptocurrency exchanges based in Europe.
According to Arkham Intelligence data, Mt. Gox transferred 116.3 BTC to Bitstamp on June 4; This transaction followed a larger transfer of 10,422 BTC in the same week.
Market impact and tracked balance
On the day of the transfer, the Bitcoin price fell below $62,000, then rose again to over $64,000. Some market observers believe Mt. He stated that Gox-induced on-chain mobility may have been effective in the pressure on the price.
However, it is also emphasized that a transfer to a stock exchange does not mean a direct sale. Still, investors are looking forward to seeing Mt. Due to the large amount of Bitcoin remaining in Gox’s possession, this wallet continues to monitor its movements closely.
According to current data, Mt. Gox-linked addresses currently hold approximately 24,081 BTC. While the total value of these assets is calculated at 1.55 billion dollars, it is reported that the amount is significant compared to daily transaction volumes.
Deadline for creditor payments is 31 October 2026
Mt. The final repayment date for Gox creditors is set as October 31, 2026. This date was the third postponement after the previously targeted October 31, 2023 calendar.
The appointed trustee moved the deadline from October 2025 to October 2026, with court approval. It was reported that standard payments, early lump sum payments and interim payments have been completed for the majority of eligible creditors. However, it was noted that some creditors have not yet received their payments due to lack of documentation or administrative processes.
Mt. started its operations in Tokyo in 2010. Gox processed the majority of global Bitcoin transactions at its peak. The platform crashed after a major security breach in 2014 and approximately 850,000 BTC was lost. It was stated that the assets recovered for distribution to creditors consisted of 142,000 Bitcoin, 143,000 Bitcoin Cash and approximately 69 billion Japanese yen in cash. As of March 27, 2025, it was announced that the trustee distributed Bitcoin and Bitcoin Cash to 19,500 creditors through platforms such as Kraken and Bitstamp.
As we get closer to October 31, 2026, on the market side, Mt. The expectation that additional transfers may be seen from Gox wallets stands out. It is stated that on-chain tracking tools will continue to monitor this activity until the distribution process is completed.
