Approximately 16,000 BTC associated with the infamous and now-defunct Bitcoin exchange Mt. Gox were moved on Thursday, sparking speculation that the estate’s trustee is preparing to liquidate more coins.
The transactions — worth nearly $141 million — were first flagged by CryptoGround — a service that monitors Mt. Gox’s Bitcoin and Bitcoin Cash wallets. Blockchain data indicates that the coins, which came from multiple addresses, were consolidated into a single wallet, with 0 BTC remaining in the source addresses.