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Genesis creditor sells $31.43M in ETH in three days after $358M repayment

Genesis creditor sells $31.43M in ETH in three days after $358M repayment


Invezz
2024-09-26 10:24:40

The biggest recipient from the Genesis Trading bankruptcy has recently initiated a major sell-off of Ethereum, according to Arkham Intelligence data. The creditor has sold 12,100 Ethereum (ETH), valued at $31.43 million, within three days. The move follows their receipt of repayment from the now-bankrupt Genesis Trading, which began distributing its assets in August as


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