According to Arkham Wallet monitor, Genesis Trading have redeemed GBTC shares worth over 32,000 BTC ($2.1B) over the past 3 weeks, as part of their ongoing bankruptcy process. The redeemed BTC has been sent to two specific Bitcoin wallets, now labeled on Arkham.

According to Arkham Wallet monitor, Genesis Trading have redeemed GBTC shares worth over 32,000 BTC ($2.1B) over the past 3 weeks, as part of their ongoing bankruptcy process. The redeemed BTC has been sent to two specific Bitcoin wallets, now labeled on Arkham.

𝕏/@ArkhamIntel •

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