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