Odaily Planet Daily News According to Lookonchain monitoring, Genesis Trading has transferred a total of 32,256 BTC (US$2.12 billion) and 256,775 ETH (US$838 million) to multiple addresses in the past three days, and may be undergoing bankruptcy proceedings to repay debts. Previously, Genesis Trading transferred 13,291 BTC (US$830.7 million) to Coinbase from June 12 to July 15, during which time the price of BTC fell from US$68,000 to US$55,800, a drop of nearly 18%.