Author

Topic: Transfer of 2.2M bitcoins on day of Mt. Gox crash? (Read 759 times)

legendary
Activity: 1526
Merit: 1000
the grandpa of cryptos
not bad indeed Smiley
newbie
Activity: 20
Merit: 0
Wow, that a big transfer i must say!
sr. member
Activity: 247
Merit: 250
Cosmic Cubist
[Apologies for the duplicate post; I had some problems posting... You can delete the extra copy]

Hi, does anyone know how to explain this transfer of 2.2 million BTC (a third of all Bitcoins in existence) which happened the day of the Mt. Gox crash?

http://blockexplorer.com/block/00000000000010b2b2d886ece5ef9ec089139dddb3a6f35cca6c56c5b371d4b9

The only thing I can think of is that Mt. Gox moved their entire stash of customers' coins to a new account for safety in case their wallet.dat got stolen by the hacker...

Thanks for any insights,
-Mike
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