Analysis: Mt. Gox transferred $930 million worth of BTC to a new address yesterday, possibly to restore creditor compensation signal

According to Golden Finance, CoinDesk analyst Krisztian Sandor said, Mt. Gox transferred $930 million worth of BTC to a new address yesterday, which may indicate the resumption of compensation by creditors. This transfer follows last week's $1 billion internal asset restructuring and $15 million transfer to the cryptocurrency custodian and compensation partner BitGo. These recent fund flows may indicate that Mt. Gox plans to repay its remaining assets to users before the October 31st deadline, raising concerns about potential selling pressure during the cryptocurrency market correction period.