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Grayscale GBTC’s outflows linked to Genesis’ bankruptcy proceedings: Arkham Intelligence

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Grayscale GBTC’s outflows linked to Genesis’ bankruptcy proceedings: Arkham Intelligence

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Source: Crypto Briefing

GBTC’s recent outflows are likely due to Genesis Trading’s liquidation of $2.1B in Bitcoin to settle with Gemini Earn users.

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Author: Vivian Nguyen

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