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Winklevoss twins transfer $60M in Bitcoin to Gemini amid market volatility

Market News
01 Jul 2026
Cointribune
View Source
Neutral
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The Winklevoss twins moved $60 million worth of Bitcoin to their Gemini exchange as Bitcoin struggles to find stable momentum amid market volatility. They also transferred $7 million in Ethereum, sparking speculation about possible profit-taking or portfolio management. Despite these transfers, the twins still hold about $300 million in Bitcoin, indicating continued strong market presence. Analysts caution that transfers to exchanges don't always mean sales, so the true intent remains unclear as Bitcoin hovers around $60,000 amid mixed market signals.

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