Gemini (winklevoss brothers company) has seen more than $850 million in outflows in the past 24 hours

After Genesis announced its decision to suspend the redemption of its lending business and other measures, Gemini also immediately announced that it would temporarily suspend the withdrawal of its Earn product because the income product is linked to Genesis lending. After the announcement of Gemini, Gemini's website was temporarily inaccessible due to the influx of a large number of users. According to community news, Gemini has outflowed US$850 million in funds in the past 24 hours, mainly mainstream currencies. Currently, its stablecoin reserves are only US$150 million.