🚨🚨🚨🚨BREAKING NEWS: Gemini's Bankruptcy Leads to Massive Bitcoin Sale!🚨🚨🚨🚨

In a surprising turn of events, Gemini, the bankrupt cryptocurrency exchange, has sold hundreds of millions of dollars worth of Bitcoin. According to Arkham's data, an address linked to Genesis Trading transferred 12,000 BTC (approximately $760 million) to Coinbase last month. This transaction is believed to be part of Genesis' bankruptcy liquidation proceedings.

Genesis still holds an additional 33,000 BTC, which could potentially create further selling pressure if liquidated. Additionally, they possess significant amounts of other cryptocurrencies, including:

- $365 million worth of Ethereum

- $5.5 million worth of Compound (COMP)

- Smaller amounts of TRON (TRX), The Sandbox (SAND), The Graph (GRT), and USD Coin (USDC)

Stay tuned for further updates on this developing story!

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