The large outflow could perhaps indicate that crypto lender Genesis started or ramped up the pace of unloading its GBTC holdings, capitalizing on bitcoin’s rally. Genesis received bankruptcy court approval on Feb. 14 to sell 35 million GBTC shares – then worth $1.3 billion, now roughly $1.9 billion – but outflows from GBTC were muted over the past two weeks until Thursday’s spike.
What the DOJ’s First MEV Lawsuit Means for Ethereum (ETH)
MEV, which itself is controversial, can be a highly lucrative game dominated by automated bots that often comes at blockchain...