ChainCatcher news, according to on-chain analyst @ai_9684xtpa's monitoring, 11 hours ago Mark Cuban received 475 ETH (approximately 1.28 million USD) from a Genesis Trading associated address, marking three months since his last Ethereum transaction; his cryptocurrency trading can be traced back to 2017, when ETH was only 400 USD.Rootdata shows that he has also invested in well-known projects such as Polygon / Arbitrum / Swell.

According to ChainCatcher's message, on-chain analyst Yu Jin monitored that the creditor 0x999...46E, who received the most ETH in the Genesis Trading liquidation payout in August, sold 12,100 ETH (approximately 31.43 million USD) in the last 3 days.On August 2, he received 114,502 ETH (approximately 358 million USD) from the Genesis Trading liquidation payout, making him the creditor with the most ETH received. He started transferring ETH to FalconX three days ago and has currently transferred a total of 12,100 ETH (approximately 31.43 million USD).

ChainCatcher message, according to HODL15Capital monitoring, Genesis Trading transferred 46,000 BTC earlier this month.According to Arkham data, this address currently holds only 671.453 BTC, approximately 36.6 million USD.

ChainCatcher news, according to Ember monitoring, Genesis Trading distributed $1.817 billion worth of BTC and ETH to 203 addresses through a liquidation distribution address on August 2.Now, 6 days have passed, and approximately 15% of the BTC and ETH distributed to creditors have been transferred/sold, while the remaining 85% have not moved.On August 2, Genesis Trading distributed 24,073 BTC (approximately $1.377 billion) to 154 addresses on the BTC network via the bc1...mux address;In the past 6 days, approximately 3,558 BTC (about $20.35 million) have been transferred/sold, accounting for 15% of the total BTC distributed.Unmoved amount: 20,414 BTC (approximately $1.167 billion) have not moved since receipt.On August 2, Genesis Trading distributed 179,690 ETH (approximately $44 million) to 49 addresses on the ETH network via the 0xC62...6C4 address.In the past 6 days, approximately 27,548 ETH (about $6.75 million) have been transferred/sold, accounting for 15% of the total ETH distributed.Unmoved amount: 152,142 ETH (approximately $37.27 million) have not moved since receipt.

ChainCatcher message, according to on-chain analyst @ai_9684xtpa's monitoring, 6,500 ETH has been transferred to the GSR Markets deposit address, worth 16.47 million USD. Thus, the 12,433 ETH transferred five days ago by Genesis Trading to the intermediary address 0xa76...D331e has all been deposited into the exchange, and it is uncertain whether it will be sold for stablecoins for compensation.

ChainCatcher news, according to on-chain analyst AI Yi's monitoring, the bankruptcy liquidation of Genesis Trading is still ongoing. Eight hours ago, GSR Markets received a transfer of 5,932 ETH from its Bankruptcy Distributions address, worth $15.05 million, which has now been fully deposited into Binance.Between August 2 and 3, the Genesis Trading bankruptcy liquidation address has transferred over $2.11 billion worth of BTC and ETH to major exchanges/entities/transit addresses.Affected by the collapse of FTX, Genesis announced bankruptcy in January this year. According to the court-approved liquidation plan, 77% of customer assets, worth $3 billion, will be returned. However, it has not been clearly stated whether the return will be in stablecoins or BTC/ETH, so it remains uncertain whether its bankruptcy liquidation process will exert selling pressure on the market.

ChainCatcher news, according to Lookonchain monitoring, Genesis Trading has transferred a total of 32,256 BTC (2.12 billion USD) and 256,775 ETH (838 million USD) to multiple addresses over the past 3 days, possibly undergoing bankruptcy proceedings to repay debts.ChainCatcher previously reported that, according to Solid Intel, the Genesis wallet transferred approximately 14,000 BTC (900 million USD) and 156,000 ETH (480 million USD) through intermediary addresses in the last hour, suspected to be executing bankruptcy liquidation procedures.According to Arkham data, the Genesis Trading address currently holds approximately 14 million USD in crypto assets, of which there are only 229 ETH (worth 720,000 USD) and BTC worth about 10 million USD.It is reported that the bankrupt crypto lending company Genesis received court approval in May this year to repay its creditors with billions of dollars in digital assets and cash.

ChainCatcher message, according to Whale Alert monitoring, 8 minutes ago Genesis Trading transferred 40,000 ETH to an unknown wallet, worth over 127 million dollars.

According to ChainCatcher news, Arkham monitoring reports that Genesis Trading transferred 600 BTC to Coinbase 10 minutes ago, worth approximately $37.72 million. In the past month, Genesis Trading has transferred over 12,000 BTC to Coinbase, suspected to be executing bankruptcy liquidation procedures. Currently, Genesis Trading still holds 32,256 BTC and 113,604 ETH, with a total asset value of approximately $2.43 billion.

According to ChainCatcher news, monitoring by Arkham shows that the address marked as "Genesis Trading" has transferred a total of 12,000 BTC to Coinbase in the past month, worth approximately $760 million, suspected to be undergoing bankruptcy liquidation. It currently still holds about 33,000 BTC, valued at $1.9 billion.

ChainCatcher message, Arkham monitoring shows that the address marked as GenesisTrading has transferred a total of 12,000 BTC to Coinbase in the past month, worth approximately $760 million, suspected of undergoing bankruptcy liquidation. Currently, this address still holds about 33,000 BTC, valued at $1.9 billion.

ChainCatcher news, according to Lookonchain monitoring, 50 minutes ago, Genesis Trading deposited 1000 BTC (61.76 million USD) to Coinbase again, totaling 8050 BTC (518 million USD) deposited to Coinbase in the past 2 weeks.

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, the bankrupt restructured cryptocurrency brokerage platform Genesis Trading transferred 34 types of altcoins worth $36.46 million to Gemini 5 hours ago.Currently, Genesis Trading holds $2.41 billion worth of cryptocurrencies, including: 32,000 BTC ($2.01 billion), 125,000 ETH ($378 million), and more.

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.

According to ChainCatcher news, monitoring by Spot on Chain shows that a suspected Genesis Trading GALA whale address transferred 50 million GALA to Coinbase 5 hours ago after being dormant for 2.2 years. The current GALA price is $0.041, with an estimated profit of $1.9 million. In September 2020, this whale received 214,098,773 GALA from the Gala Games: NFT Store wallet.The token flow from 5 hours ago was: wallet 0x3bf -> intermediary wallet 0x3bf9 -> wallet 0x16AD (marked as Genesis Trading on Nansen) -> intermediary wallet 0xbecE -> Coinbase. Currently, this whale still holds 164,098,773 GALA across 5 wallets. (source link)

ChainCatcher message, Lookonchain monitoring shows that the address marked as Genesis Trading transferred all 6.25 million CHZ (worth $1.33 million at the time, now about $750,000) that was transferred from FTX on November 7 to OKX 12 hours ago. (source link)

ChainCatcher news, Twitter user Andrew tweeted, "It is expected that the cryptocurrency exchange Gemini will soon force Genesis Trading into bankruptcy proceedings, and Genesis's bankruptcy will trigger the liquidation of DCG's assets (based on redeemable loans), which may lead to DCG's bankruptcy. The Grayscale trust assets are generally risk-free. DCG's Grayscale positions (such as $GBTC) are at risk of being liquidated." (source link)

ChainCatcher news, Genesis Trading stated that its derivatives business has risk exposure to FTX, with approximately $175 million of locked funds in FTX accounts.Previously, Genesis Trading indicated that it did not have significant risk exposure to FTT and other tokens issued by centralized exchanges, with 95% of the collateral in its lending business consisting of US dollars or stablecoins, Bitcoin, and Ethereum. Although there is a trading relationship with FTX, there is no lending relationship. Currently, Genesis Trading's spot and derivatives lending and trading operations are still running normally, and they are mitigating risks through hedging and selling collateral, but this has still resulted in a loss of $7 million. (Source link)

ChainCatcher news, cryptocurrency market maker and lending company Genesis Trading stated on Twitter that due to anticipated market volatility, they reduced risks through hedging and selling collateral, resulting in a loss of $7 million.Genesis Trading indicated that they do not have significant risk exposure to FTT and other tokens issued by centralized exchanges, with 95% of collateral in their lending business consisting of US dollars or stablecoins, Bitcoin, and Ethereum. Although they have trading relationships with FTX, there are no lending relationships. Currently, Genesis Trading's spot and derivatives lending and trading operations are still running normally. (source link)

ChainCatcher message, according to Etherscan data, the address marked as Genesis Trading: OTC Desk has transferred a total of 3,197,914 FTT (approximately 53 million USD) to 5 addresses. (source link)