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Tag: 720m

$720M in Bitcoin Shifted to Coinbase, Hinting at Genesis Trading Liquidations

$720M in Bitcoin Shifted to Coinbase, Hinting at Genesis Trading Liquidations

The Big Move: A Deep Dive into Genesis Trading’s Massive Bitcoin Transfer In the ever-evolving world of cryptocurrency, massive transactions often catch the eye and spark curiosity about their underlying reasons Recently, a sizable activity has been recorded that involves Genesis Trading, a notable name in the crypto space This company has made headlines by transferring a staggering amount of over 12,600 Bitcoin to Coinbase, one of the leading cryptocurrency exchange platforms, over the past 30 days This move comes intriguingly two months after Genesis Trading reached a settlement with the state of New York, stirring the waters of speculation and analysis among crypto enthusiasts and market analysts alike Understanding the Significance of the Transaction For those unfamiliar with the cryptocurrency world, such a massive transfer might not seem out of the ordinary...

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