The coins are directly linked to known Gox addresses. See reddit for more info.

The coins are split in about half and moved to new addresses immediately after they get 6 confirmations. They are down to around 10k per address now:
https://blockchain.info/address/12Fgt5jTUENHjYu4KtYaz9V7PMbno3ABan
One interesting thing I noticed is that the amounts are exactly what you'd expect if you used the splitBigOutputs() function from the leaked Gox source code to do the splitting:


Coincidence or Karpeles using his own code to move the coins?