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Genesis Trading transferred/sold about $270 million in BTC and ETH in the past 6 days, accounting for about 15% of creditor distribution funds.

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2024-08-08 05:18:22
According to on-chain analyst Ember Monitor, GenesisTrading distributed $1.817 billion worth of BTC and ETH to 203 addresses by clearing distribution addresses on August 2. About 15% of these funds distributed to creditors were transferred out/sold in the past 6 days, and the other 85% did not move.
BTC:
Number of distributions: 8/2 24,073 BTC (1.377 billion USD) distributed to 154 addresses on the BTC network via bc1... mux addresses;
Volume of Transfers: About 3,558 BTC (203.50 million USD) were transferred/sold in the last 6 days, accounting for 15% of the total amount of BTC distributed.
Untransferred amount: 20,414 BTC (1.167 billion USD) did not move after receiving.
ETH:
Number of distributions: 8/2 179,690 ETH (440 million USD) distributed to 49 addresses on the ETH network via 0xC62... 6C4 addresses.
Volume of Transfers: Approximately 27,548 ETH (67.50 million USD) were transferred/sold in the last 6 days, representing 15% of the total amount of ETH distributed.
Untransferred amount: 152,142 ETH (372.70 million USD) did not move after receiving.
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