🚨🚨🚨BREAKING NEWS 🚨🚨🚨
Gemini's Bankruptcy Leads to Massive Bitcoin Sale!
In a shocking move, Gemini, the bankrupt cryptocurrency exchange, has sold hundreds of millions of dollars worth of Bitcoin. According to Arkham's data, an address linked to Genesis Trading transferred a whopping 12,000 BTC (approximately $760 million) to Coinbase last month. This transaction is believed to be connected to Genesis' bankruptcy liquidation proceedings.
But that's not all - Genesis holds an additional 33,000 BTC, which could potentially create new selling pressure if sold. And that's still not the end of it - they also have significant amounts of other cryptocurrencies, including:
- $365 million worth of Ethereum
- $5.5 million worth of Compound (COMP)
- Small amounts of TRON (TRX), The SandBox (SAND), The Graph (GRT), and USD Coin (USDC)
Stay tuned for further updates on this developing story! 🚨🚨
#GENESIS #GenesisVsGemini #BreakingCryptoNews #Write2Earn! #CPI_BTC_Watch