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Genesis Trading-labelled address moves $720M BTC to Coinbase, pointing to the start of asset liquidations

Summary by Cointelegraph
Genesis Trading transferred over 12,600 Bitcoin to Coinbase over the past 30 days, two months after reaching a settlement with the state of New York.
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CointelegraphCointelegraph

Genesis Trading-labelled address moves $720M BTC to Coinbase, pointing to the start of asset liquidations

Genesis Trading transferred over 12,600 Bitcoin to Coinbase over the past 30 days, two months after reaching a settlement with the state of New York.

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Cointelegraph broke the news on Friday, July 12, 2024.
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