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CryptoWatch: Is the Tokyo bitcoin whale set to strike again?

Speculation is growing that the trustees for the now-defunct Mt. Gox cryptocurrency exchange are getting set for another significant bitcoin sale.

On April 26, a website that tracks the Mt. Gox cryptocurrency wallets indicated that the trust had shifted a sizable portion of bitcoins and Bitcoin Cash from its wallet, which led many to speculate that Nobuaki Kobayashi, the head attorney for the Mt. Gox trust who’s been dubbed the “Tokyo whale,” is set to unload another lot of the recovered coins.

“Some in the [cryptocurrency] community have been a bit worried about the recent movement of bitcoin out of the Mt.

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