Genesis Trading has redeemed over $2.1 billion in GBTC shares in the past three weeks
ChainCatcher news, according to Arkham monitoring, in the past 3 weeks, Genesis Trading has redeemed over 32,000 BTC (approximately $2.1 billion) of GBTC shares as part of its ongoing bankruptcy process.
Arkham stated that the BTC redeemed by Genesis Trading has been sent to two specific Bitcoin wallet addresses.
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