Golden Finance reports that chain-based analyst Ashes Tracing found that Genesis Trading began distributing a total of $1.817 billion worth of Bitcoin (BTC) and Ethereum (ETH) through a liquidation distribution address starting from August 2nd, to 203 addresses. Within the last 6 days, approximately 15% of the BTC and ETH distributed, amounting to about $270 million, was transferred out or sold. Specifically, regarding BTC, on August 2nd, Genesis Trading distributed 24,073 BTC (equivalent to $137.7 million) through the bc1...mux address to 154 addresses. Among these, around 3,558 BTC (equivalent to $203.5 million) were transferred out or sold, accounting for 15% of the total distribution. The remaining 20,414 BTC (equivalent to $116.7 million) remained stationary after receipt. For ETH, similarly, on August 2nd, Genesis Trading distributed 179,690 ETH (equivalent to $440 million) through the 0xC62...6C4 address to 49 addresses. Out of these, approximately 27,548 ETH (equivalent to $67.5 million) were transferred out or sold, representing 15% of the total distribution. The remaining 152,142 ETH (equivalent to $372.7 million) remained stationary after receipt.