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Winklevoss Twins Move $121 Million Worth Of Bitcoin To Their Gemini Exchange ‘Presumably To Sell,’ Says On-Chain Tracker

Transaction Sparks Intrigue

In an X post, Arkham highlighted that a wallet tied to Winklevoss Capital, the family office of the Winklevoss twins, sent 1,750 BTC, worth $121 million as of this writing, to Gemini hot wallets, “presumably for selling.”

The wallet still holds 8,757 BTC, worth $751.86 million, with unrealized profit of $1.8 billion on the holdings.

Benzinga reached out to Gemini for a comment, but has yet to hear back.

Generous Donors Of Bitcoin

The twins also donated Bitcoin worth $21 million last year to a political action committee supporting Trump’s vision of making the U.S. the “world’s cryptocurrency capital.”

Tyler and Cameron have an estimated net worth of $2.7…

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