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On-chain data has shown some anomalies again. According to Arkham's monitoring data, the address associated with Mt. Gox hacker Aleksey Bilyuchenko transferred 926 BTC to an unknown exchange today. This operation has attracted quite a bit of attention.
The underlying issue behind the numbers is even more worth pondering. This related address still holds 3,000 BTC, which is roughly worth $275 million at today's prices. If this amount were to be moved, it would definitely put some pressure on the market.
However, there is a key suspense here: analysts cannot be certain whether these assets are actually being operated by Bilyuchenko himself. After all, this guy was sentenced to 3.5 years in prison in Moscow, and the current situation is not very clear. So, the true control behind this series of operations remains a question mark.