Hacktivista still holds a significant amount of Bitcoin while conducting strategic sales

NeverVoteOnDAO · 2025-12-26T19:14:08+00:00

A significant Bitcoin movement related to the Mt. Gox hack has attracted market attention, with a hacktivist transferring 1,300 BTC to a trading platform while still holding 4,100 BTC under control. This activity pattern may signal major movements in the cryptocurrency market.

NeverVoteOnDAO

2025-12-26 19:14:08

Abstract generation in progress

One of the addresses linked to the Mt. Gox hack moved a significant amount in the last seven days. With Bitcoin trading around $87.37K, the activity has caught the market’s attention. According to Arkham’s analysis, the hacktivist associated with that classic incident transferred 1,300 BTC — equivalent to approximately $114 million — to a trading platform, reducing their accumulated position.

Still a relevant position in the market

Despite recent movements, the wallet still holds a considerable amount. There are 4,100 BTC under control, representing approximately $360 million in market value. To date, the total Bitcoin traded has reached 2,300 units, demonstrating a gradual and not hasty liquidation.

Implications for the crypto market

For investors assessing opportunities and risks, this on-chain activity pattern provides relevant indicators. The behavior of large holders — particularly those linked to significant historical events — often signals important movements in the cryptocurrency market. The batch distribution strategy over time suggests a cautious approach, relevant for value investment analysis in the asset class.

BTC-1,67%

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