The defunct Mt. Gox exchange has transferred over 2,300 Bitcoin, valued at approximately $234 million, to an unidentified wallet. This transfer occurred as Bitcoin's price surged past $100,000 due to expectations of Federal Reserve rate cuts following recent inflation data.

Earlier this week, another transfer from a Mt. Gox wallet involved 2,623 Bitcoin, worth around $255 million, which was distributed across multiple addresses, including a portion sent to B2C2. Mt. Gox has executed several large transfers this month, including a notable $2.4 billion transaction on December 5. Currently, the wallet retains about 36,000 Bitcoin, equating to roughly $3.6 billion.

The reason behind these transfers is unclear, but historical patterns suggest that they may be related to creditor repayments, typically managed by established exchanges. Mt. Gox has extended its repayment deadline to October 31, 2025, pushing back the original target date by a year.