Genesis Wallet transferred approximately 14,000 BTC and 156,000 ETH through the transit address
Genesis Wallet has transferred around 14,000 BTC ($900 million) and 156,000 ETH ($480 million) through a transit address in the last hour, in what is suspected to be a bankruptcy liquidation process. According to Arkham, the Genesis Trading address currently holds around $14 million in crypto assets, including just 229 ETH (worth $720,000) and around $10 million worth of BTC.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Meridian Mining seeks LSE admission of 136,730 shares after awards exercise
Leader Environmental’s Lin Weijie sells 137,389,750 shares, exits 8.95% stake
OCBC, DBS, UOB complete first live tokenised SGD interbank transfers on Swift ledger
Capital Group cuts MTU Aero Engines voting stake to 4.98% from 9.5%