November 22, 2024
Crypto Wallet Holding B Mt. Gox Bitcoin (BTC) Sends Test Transaction as Distribution Continues: Arkham
 #CashNews.co

Crypto Wallet Holding $2B Mt. Gox Bitcoin (BTC) Sends Test Transaction as Distribution Continues: Arkham #CashNews.co

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Arkham explained the process of tagging the wallet as likely BitGo in a Telegram message to CoinDesk. “The address was clustered with a large input cluster which we were able to identify as BitGo due to custody structure and wallet types used,” an Arkham analyst said. “We’ve also been able to identify the other fur exchange partners used for Mt. Gox distributions, so there’s also a process of elimination.”