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Data: Genesis has transferred approximately $760 million in BTC to Coinbase over the past month, suspected of executing bankruptcy liquidation

2024-07-12 20:54:55

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According to ChainCatcher news, monitoring by Arkham shows that the address marked as "Genesis Trading" has transferred a total of 12,000 BTC to Coinbase in the past month, worth approximately $760 million, suspected to be undergoing bankruptcy liquidation. It currently still holds about 33,000 BTC, valued at $1.9 billion.

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Genesis Trading Coinbase bankruptcy liquidation

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Genesis Trading Coinbase bankruptcy liquidation

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Genesis Trading

Cryptocurrency broker

Coinbase

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