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Genesis Trading has transferred/sold approximately $270 million in BTC and ETH in the past six days

2024-08-08 05:11
Odaily News According to on-chain analyst Ember, Genesis Trading distributed BTC and ETH worth $1.817 billion to 203 addresses through the liquidation distribution address on August 2. About 15% of BTC and ETH were transferred/sold within 6 days, and the other 85% did not move. BTC: Distribution quantity: 8/2 24,073 BTC (1.377 billion US dollars) were distributed to 154 addresses through the bc1...mux address on the BTC network; Transfer quantity: About 3,558 BTC (203.5 million US dollars) were transferred/sold in the past 6 days, accounting for 15% of the total BTC distribution. Untransferred quantity: 20,414 BTC (1.167 billion US dollars) did not move after receiving. ETH: Distribution quantity: 8/2 179,690 ETH (440 million US dollars) were distributed to 49 addresses through the 0xC62...6C4 address on the ETH network. Transferred Amount: ~27,548 ETH ($67.5M) were transferred/sold in the past 6 days, accounting for 15% of the total ETH distribution. Untransferred Amount: 152,142 ETH ($372.7M) did not move after being received.