Genesis Wallet transfers approximately 14,000 BTC and 156,000 ETH via transit address
The Genesis wallet transferred about 14,000 BTC ($900 million) and 156,000 ETH ($480 million) through the transit address in the past 1 hour, suspected of being in bankruptcy liquidation proceedings. According to Arkham data, the Genesis Trading address currently holds about 14 million US dollars of crypto assets, of which only 229 ETH (worth 720,000 US dollars) and BTC worth about 10 million US dollars.