Market updates
Mt. Gox Moves $1B in Bitcoin, Raising Payout Speculation
Beginner
2025-03-26 | 5m
Mt. Gox, the bankrupt cryptocurrency exchange, has made another large Bitcoin transfer, moving 11,501 BTC in its third major transaction this month. Blockchain analytics firm Arkham Intelligence reported that 893 BTC, worth approximately $78 million, was sent to a Mt. Gox cold wallet, while another 10,608 BTC, worth $929 million, was transferred to a different wallet.
Earlier this month, Mt. Gox had already moved 12,000 BTC on March 6 and another 11,833 BTC on March 11. Some of these funds ended up on Bitstamp, a crypto exchange, raising speculation that more transfers may follow. Currently, Mt. Gox still holds about 35,000 BTC, valued at roughly $3.1 billion.
Many believe these movements signal that long-awaited creditor payouts are approaching. Mt. Gox collapsed in 2014 after losing 850,000 BTC in a massive hack, leading to bankruptcy proceedings. While creditors can receive payments in Bitcoin, delays have persisted, with a new repayment deadline set for October 31, 2025.
Source:
Cointelegraph
Futures Market Updates
BTC and ETH futures showed contrasting trends in open interest, with BTC declining slightly (-0.25%) while ETH increased (+0.82%). Trading volume dropped significantly for both, with ETH futures seeing a sharper decline (-27.07%) compared to BTC (-11.29%). Liquidations were higher for BTC shorts ($18.29M) than longs ($14.52M), whereas ETH saw more long liquidations ($13.48M) than shorts ($10.75M). The long/short ratio for BTC was nearly balanced at 50.14%/49.86%, while ETH had a slight short bias at 49.84%/50.16%. Funding rates remained positive but relatively low, with BTC (0.0032%) higher than ETH (0.0024%).
BTC Futures Updates
Total BTC Open Interest: $56.47B (-0.25%)
BTC Volume (24H): $76.76B (-11.29%)
BTC Liquidations (24H): $14.52M (Long)/$18.29M (Short)
Long/Short Ratio: 50.14%/49.86%
Funding Rate: 0.0032%
ETH Futures Updates
Total ETH Open Interest: $21.56B (+0.82%)
ETH Volume (24H): $27.40B (-27.07%)
ETH Liquidations (24H): $13.48M (Long)/$10.75M (Short)
Long/Short Ratio: 49.84%/50.16%
Funding Rate: 0.0024%
Top 3 OI Surges
MAVIA: $14.26M (+175.50%)
SWELL: $7.73M (+131.28%)
MOVE: $142.50M (+114.60%)
Share
Paano magbenta ng PIInililista ng Bitget ang PI – Buy or sell ng PI nang mabilis sa Bitget!
Trade na ngayonIniaalok namin ang lahat ng iyong mga paboritong coin!
Buy, hold, at sell ng mga sikat na cryptocurrencies tulad ng BTC, ETH, SOL, DOGE, SHIB, PEPE, nagpapatuloy ang list. Mag-register at mag-trade para makatanggap ng 6200 USDT na bagong user gift package!
Trade na ngayon