Mt. Gox Bitcoin Holdings Decline Significantly Since 2021

According to PANews, monitoring data from Arkham reveals that since early 2021, the Mt. Gox wallet has seen a substantial reduction in its Bitcoin holdings. Initially, the wallet held 141,690 Bitcoins, reaching a peak market value of $10.12 billion in March 2024. Currently, the Mt. Gox wallet holds 32,900 Bitcoins, valued at approximately $2.11 billion. This represents about 23% of the holdings from early 2021, indicating a decrease of around 77%.