| Time | Details |
|---|---|
| 2024-06-27 14:51 |
Genesis Trading Deposits 1K BTC into Coinbase
According to Lookonchain, Genesis Trading deposited 1,000 BTC (valued at $61.76 million) into Coinbase 50 minutes ago. Over the past two weeks, Genesis Trading has deposited a total of 8,050 BTC (valued at $518 million) into Coinbase. The deposit address used is bc1q4jchcr7nla277su5lpjzttxp3xg5j8wds5lcwg. (Source) |
| 2024-07-26 13:06 |
Genesis Trading's Bankruptcy and Asset Holdings
According to @jayejone, Genesis Trading, a major crypto firm established in 2013, filed for bankruptcy in January 2023 following the collapse of FTX. Despite this, the firm still holds significant reserves of Bitcoin and Ethereum. Insights into Genesis Trading's strategic decisions are provided by @intotheblock. (Source) |
| 2024-07-26 11:38 |
Genesis Trading Holds Significant Bitcoin Reserves Despite Bankruptcy
According to @intotheblock, despite filing for bankruptcy in January 2023 following the collapse of FTX, Genesis Trading still holds substantial Bitcoin reserves. They currently possess 32,256.47 BTC, which is valued at approximately $2.15 billion. This information is crucial for traders monitoring the influence of large holders on the Bitcoin market. (Source) |
| 2024-08-02 14:54 |
Genesis Trading Transfers Large Amounts of BTC and ETH Amid Potential Bankruptcy
According to @lookonchain, Genesis Trading has transferred 32,256 BTC (worth $2.12 billion) and 256,775 ETH (worth $838 million) to multiple addresses over the past three days. This activity suggests that the firm may be undergoing bankruptcy proceedings to repay its debts. Additionally, Genesis Trading moved 13,291 BTC (worth $830.7 million) to Coinbase between June 12 and July 15. (Source) |
| 2024-08-02 15:17 |
Genesis Trading Possibly Liquidating Assets to Repay Creditors
According to EmberCN, Genesis Trading may be liquidating assets to repay creditors. Three days ago, Genesis Trading transferred BTC and ETH worth $2.591 billion to an intermediary address. These assets have started to be distributed to multiple addresses tonight, including some CEX deposit addresses. This activity suggests that Genesis Trading might be in the process of settling debts with creditors. (Source) |
| 2024-08-06 01:59 |
Whale Transfers 8,000 ETH to Major Exchanges, Facing Potential Losses
According to @ai_9684xtpa, a whale who acquired 40,000 ETH from Genesis Trading OTC four days ago has transferred 8,000 ETH (worth approximately $18.65 million) to Bybit, OKX, and Binance six hours ago. If sold, this would result in a loss of $6.68 million. The total 40,000 ETH, valued at $126 million with an average price of $3,167 per ETH, currently leaves the whale with 28,587 ETH, incurring an unrealized loss of $18.43 million. Transaction records suggest that this address may belong to an institution. (Source) |
| 2024-08-07 02:46 |
Genesis Trading Continues Bankruptcy Liquidation with Significant Transfers
According to @ai_9684xtpa, Genesis Trading's bankruptcy liquidation is ongoing. Eight hours ago, GSR Markets received 5932 ETH, valued at $15.05 million, from Genesis Trading's bankruptcy distribution address, which has now been deposited into Binance. Between August 2nd and 3rd, Genesis Trading's liquidation address transferred over $2.11 billion worth of BTC and ETH to various exchanges and entities. (Source) |
| 2024-08-08 05:08 |
Genesis Trading Distributes $1.817 Billion in BTC and ETH
According to EmberCN, Genesis Trading distributed $1.817 billion worth of BTC and ETH to 203 addresses on August 2. After six days, approximately 15% of the distributed BTC and ETH have been transferred or sold, while the remaining 85% have not moved. (Source) |
| 2024-08-09 09:36 |
Significant Ethereum Transfer from Genesis Trading Bankruptcy Distribution
According to @0xScopescan, a new address has received 10,000 ETH (valued at $26 million) from the Genesis Trading Bankruptcy Distribution. The original bankruptcy address still retains 2,000 ETH (worth $5.5 million). (Source) |
| 2024-08-19 13:28 |
Massive Bitcoin Loss Reported by Potential Victim
According to @lookonchain, a potential victim reportedly lost 4,064 BTC (valued at $238.7 million) in a single transfer. Notably, 642.4 BTC ($37.73 million) of this amount was received from the Genesis Trading Bankruptcy Distributions wallet on August 2, and 2,173 BTC ($127.6 million) was received from Genesis Trading two years ago. This incident highlights the risks associated with large-scale Bitcoin transfers. (Source) |
| 2024-09-26 07:22 |
Large ETH Sell-off by Major Genesis Trading Creditor
According to @EmberCN, the largest creditor from Genesis Trading's liquidation in August, identified as 0x999...46E, has sold 12,100 ETH worth $31.43 million over the past three days. This creditor initially received 114,502 ETH valued at $358.19 million on August 2. The sell-off began on September 23, with the ETH being transferred to FalconX. (Source) |