The Gemini co-founders moved a portion of their significant Bitcoin reserves, prompting market speculation over a potential sale or portfolio rebalancing.
Cameron and Tyler Winklevoss, co-founders of the Gemini crypto exchange, transferred Bitcoin valued at about ¥20.5 billion to an external trading platform. Their overall Bitcoin holdings are estimated at roughly ¥120.5 billion. The large-scale movement has led to speculation that the twins might be preparing for a sale or adjusting liquidity positions amid shifting market conditions.