Grayscale GBTC’s outflows linked to Genesis’ bankruptcy proceedings: Arkham Intelligence
GBTC's recent outflows are likely due to Genesis Trading's liquidation of $2.1B in Bitcoin to settle with Gemini Earn users.
![Grayscale GBTC’s outflows linked to Genesis’ bankruptcy proceedings: Arkham Intelligence](https://static.cryptobriefing.com/wp-content/uploads/2024/04/05162905/img-xF6q1Kn3oOT7dMZTAijd0gDq-400x228.jpg?#)
GBTC's recent outflows are likely due to Genesis Trading's liquidation of $2.1B in Bitcoin to settle with Gemini Earn users.
What's Your Reaction?
![like](https://todaypic.com/assets/img/reactions/like.png)
![dislike](https://todaypic.com/assets/img/reactions/dislike.png)
![love](https://todaypic.com/assets/img/reactions/love.png)
![funny](https://todaypic.com/assets/img/reactions/funny.png)
![angry](https://todaypic.com/assets/img/reactions/angry.png)
![sad](https://todaypic.com/assets/img/reactions/sad.png)
![wow](https://todaypic.com/assets/img/reactions/wow.png)