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Winklevoss Twins Are Selling Bitcoin Again? Arkham Flags Big BTC Transfer to Gemini
Mar 10, 2026
< 1 min read
by Jordan Lyanchev
for CryptoPotato
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AI Overview
Winklevoss twins moved $130 million in BTC to Gemini hot wallets, per Arkham, reportedly "presumably to sell". Large transfer to a CEX increases potential selling pressure and concentration risk for BTC, with possible short-term market liquidity and price impact. Relevant crypto signals for exchange flows, market monitoring, and custodial activity on Gemini (CEX).
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The Winklevoss twins, who have been predominantly vocal about Zcash and Cypherpunk lately, have made a large BTC transfer to the cryptocurrency exchange they co-founded a decade ago.
According to data from the analytics company Arkham, the $130 million transfer to Gemini’s hot wallets was done “presumably to sell.”
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