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Bitcoin Cointelegraph

Genesis-labelled address moves $720M BTC to Coinbase, pointing to 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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Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Genesis-labelled address moves $720M BTC to Coinbase, pointing to 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.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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