According to Arkham Intelligence, Cameron and Tyler Winklevoss, the billionaire founders of cryptocurrency exchange Gemini, may have sold 1,773 bitcoins worth about $130 million after transferring them to Gemini’s hot wallets last week.
The WINKLEVOSS twins have sold $130 million worth of BTC
The Winklevoss twins have transferred $130 million in BTC to Gemini Hot Wallets since last week, potentially for sale.
The Winklevoss once held 1% of the circulating BTC supply and continue to hold $764 million worth of BTC. Total PnL in BTC now… pic.twitter.com/Pjzp45V3K7
— Arkham (@arkham) March 10, 2026
The transfers were made on March 4 through Winklevoss Capital, a family office founded by the Winklevoss twins that backs early-stage startups and invests in several asset classes, including Cypherpunk Technologies’ Zcash treasury.
At the time of the activity, Bitcoin was trading between $67,000 and $68,000. The leading crypto asset rallied again this week, topping $70,000 on Monday and briefly touching $71,000 early Tuesday, CoinGecko data shows.
Winklevoss Capital’s wallet currently holds over 8,700 BTC, worth $621 million at current market prices, along with $145 million in Ethereum.
The Winklevoss brothers first gained public attention through their legal battle with Mark Zuckerberg over the founding of Facebook, and eventually received a $65 million settlement in 2008.
They later became one of the first high-profile investors in Bitcoin, reportedly buying around 120,000 coins in 2013, when prices were around $10 per unit. At that time, their share was about 1% of all Bitcoin in circulation.
