Mt. Gox Transferee $954 Million in Bitcoin for Creditor Payments

Mt. Gox, the former cryptocurrency exchange, recently transferred a significant sum of Bitcoin ($954 million) to creditors as part of its ongoing liquidation process. This transfer, while substantial, hasn’t triggered any notable market volatility, in stark contrast to past incidents of similar asset movements. 10,608 BTC, approximately $954 million, were moved from a cold wallet to various addresses on November 18, 2025. The move aligns with preparations for creditor payments, but the absence of official statements from the Mt. Gox Rehabilitation Trustee has left market participants in suspense. The deadline for creditor payouts was extended to October 31, 2025, according to Japanese court filings. Notably, despite the transfer’s size and historical precedents, the market has remained calm, with Bitcoin spot prices unaffected. Market experts suggest this could indicate a shift in investor sentiment regarding Mt. Gox’s ongoing liquidation process. The extended timeline until 2025 also provides time for the market to stabilize and mitigate potential price disruptions.