| COINOTAG recommends • Exchange signup |
| 💹 Trade with pro tools |
| Fast execution, robust charts, clean risk controls. |
| 👉 Open account → |
| COINOTAG recommends • Exchange signup |
| 🚀 Smooth orders, clear control |
| Advanced order types and market depth in one view. |
| 👉 Create account → |
| COINOTAG recommends • Exchange signup |
| 📈 Clarity in volatile markets |
| Plan entries & exits, manage positions with discipline. |
| 👉 Sign up → |
| COINOTAG recommends • Exchange signup |
| ⚡ Speed, depth, reliability |
| Execute confidently when timing matters. |
| 👉 Open account → |
| COINOTAG recommends • Exchange signup |
| 🧭 A focused workflow for traders |
| Alerts, watchlists, and a repeatable process. |
| 👉 Get started → |
| COINOTAG recommends • Exchange signup |
| ✅ Data‑driven decisions |
| Focus on process—not noise. |
| 👉 Sign up → |
- Bankruptcy-bound crypto lending company Genesis is preparing to sell altcoins.
- Genesis Trading has deposited $33.67 million worth of altcoins to Gemini.
- The sale is expected to occur over time through bots to avoid market dumping.
Genesis, a crypto lending company on the brink of bankruptcy, is gearing up to sell its altcoin holdings, with a recent deposit of $33.67 million worth of altcoins into Gemini.
Genesis Prepares for Altcoin Sale
Genesis, a crypto lending company facing bankruptcy, is reportedly preparing to liquidate its altcoin holdings. According to a post by Lookonchain, Genesis Trading has deposited $33.67 million worth of altcoins into Gemini within a day. The transfer included over 30 different altcoins, indicating a significant move by the company.
Details of the Altcoin Transfer
The altcoins transferred were listed as follows:
- 16.4 million GRT ($4.69 million)
- 396 million AMP ($2.94 million)
- 123,000 INJ ($2.93 million)
- 32,331 AAVE ($2.88 million)
- 970 PAXG ($2.26 million)
- 9.19 million BAT ($2.25 million)
In addition to these, popular altcoins like CRV, APE, LINK, and SUSHI were also included in the transfer.
| COINOTAG recommends • Professional traders group |
| 💎 Join a professional trading community |
| Work with senior traders, research‑backed setups, and risk‑first frameworks. |
| 👉 Join the group → |
| COINOTAG recommends • Professional traders group |
| 📊 Transparent performance, real process |
| Spot strategies with documented months of triple‑digit runs during strong trends; futures plans use defined R:R and sizing. |
| 👉 Get access → |
| COINOTAG recommends • Professional traders group |
| 🧭 Research → Plan → Execute |
| Daily levels, watchlists, and post‑trade reviews to build consistency. |
| 👉 Join now → |
| COINOTAG recommends • Professional traders group |
| 🛡️ Risk comes first |
| Sizing methods, invalidation rules, and R‑multiples baked into every plan. |
| 👉 Start today → |
| COINOTAG recommends • Professional traders group |
| 🧠 Learn the “why” behind each trade |
| Live breakdowns, playbooks, and framework‑first education. |
| 👉 Join the group → |
| COINOTAG recommends • Professional traders group |
| 🚀 Insider • APEX • INNER CIRCLE |
| Choose the depth you need—tools, coaching, and member rooms. |
| 👉 Explore tiers → |
Genesis’s Current Crypto Holdings
Lookonchain also listed the cryptocurrencies currently held by Genesis. These include Bitcoin (BTC), Ethereum (ETH), Compound (COMP), Avalanche (AVAX), SHIB, RNDR, MKR, and others. The total value of Genesis’s current holdings is estimated at $2.41 billion.
Expected Sale Strategy
The sale of these altcoins is expected to be staggered over time, facilitated by bots, in order to prevent a market dump. This strategy is commonly used by large-scale traders to avoid causing a sudden drop in the market price of the assets being sold.
| COINOTAG recommends • Exchange signup |
| 📈 Clear interface, precise orders |
| Sharp entries & exits with actionable alerts. |
| 👉 Create free account → |
| COINOTAG recommends • Exchange signup |
| 🧠 Smarter tools. Better decisions. |
| Depth analytics and risk features in one view. |
| 👉 Sign up → |
| COINOTAG recommends • Exchange signup |
| 🎯 Take control of entries & exits |
| Set alerts, define stops, execute consistently. |
| 👉 Open account → |
| COINOTAG recommends • Exchange signup |
| 🛠️ From idea to execution |
| Turn setups into plans with practical order types. |
| 👉 Join now → |
| COINOTAG recommends • Exchange signup |
| 📋 Trade your plan |
| Watchlists and routing that support focus. |
| 👉 Get started → |
| COINOTAG recommends • Exchange signup |
| 📊 Precision without the noise |
| Data‑first workflows for active traders. |
| 👉 Sign up → |
Conclusion
As Genesis prepares to sell its altcoin holdings, the crypto market could see some fluctuations. However, the company’s strategy to stagger the sales should help mitigate any potential negative impacts. This development underscores the volatile nature of the crypto market and the importance of risk management in crypto trading.
| COINOTAG recommends • Members‑only research |
| 📌 Curated setups, clearly explained |
| Entry, invalidation, targets, and R:R defined before execution. |
| 👉 Get access → |
| COINOTAG recommends • Members‑only research |
| 🧠 Data‑led decision making |
| Technical + flow + context synthesized into actionable plans. |
| 👉 Join now → |
| COINOTAG recommends • Members‑only research |
| 🧱 Consistency over hype |
| Repeatable rules, realistic expectations, and a calmer mindset. |
| 👉 Get access → |
| COINOTAG recommends • Members‑only research |
| 🕒 Patience is an edge |
| Wait for confirmation and manage risk with checklists. |
| 👉 Join now → |
| COINOTAG recommends • Members‑only research |
| 💼 Professional mentorship |
| Guidance from seasoned traders and structured feedback loops. |
| 👉 Get access → |
| COINOTAG recommends • Members‑only research |
| 🧮 Track • Review • Improve |
| Documented PnL tracking and post‑mortems to accelerate learning. |
| 👉 Join now → |
