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Winklevoss twins may have sold $130M in Bitcoin following latest wallet moves

Crypto Briefing
The Winklevoss twins may have sold $130 million worth of Bitcoin after transferring funds to Gemini hot wallets, according to Arkham Intelligence.

Summary

Cameron and Tyler Winklevoss, founders of Gemini, potentially sold $130 million in Bitcoin following transfers from Winklevoss Capital to Gemini hot wallets last week, as reported by Arkham Intelligence. The transfers occurred on March 4th, while Bitcoin traded between $67,000 and $68,000. Despite this potential sale, the Winklevosses still hold $764 million in Bitcoin. They originally invested in Bitcoin in 2013, acquiring approximately 120,000 coins when the price was around $10, representing about 1% of the circulating supply at the time. Winklevoss Capital currently holds over 8,700 BTC ($621 million) and $145 million in Ethereum.

(Source:Crypto Briefing)