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Genesis Trading has redeemed over 2.1 billion dollars worth of GBTC shares in the past three weeks

Genesis Trading has redeemed over 2.1 billion dollars worth of GBTC shares in the past three weeks

2024/04/05 14:10

According to Arkham data, Genesis Trading has redeemed over 32,000 BTC (2.1 billion USD) worth of GBTC shares in the past three weeks as part of their ongoing bankruptcy proceedings. The redeemed bitcoins have been sent to two specific bitcoin wallets.

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