This Company Wants to Sell $1.60 Billion in Crypto: Market Impact Expected

The bankrupt crypto lender Genesis has filed a request with a US judge for permission to sell an astonishing $1.6 billion in crypto assets. Market participants anticipate how Bitcoin’s price might respond if Genesis receives authorization for the sell-off. Genesis to Sell $1.60 Billion in Crypto According to the court filing, the proposed sale includes significant holdings in... source: https://beincrypto.com/genesis-sell-billion-bitcoin/