Winklevoss brothers transfer $130 million worth of Bitcoin to the exchange, BTC remains steady at $70,000

According to a report from blockchain data analysis platform Arkham Intelligence, the Winklevoss twins recently transferred approximately $130 million worth of Bitcoin to their cryptocurrency exchange Gemini, presumably for sale. However, Bitcoin’s price has remained around $70,000 in recent days, and early investors like the Winklevoss brothers are estimated to have unrealized profits exceeding $1.8 billion.

THE WINKLEVOSS TWINS SOLD $130M BTC

The Winklevoss Twins transferred $130 million worth of BTC to Gemini hot wallets since last week, likely to sell.

The Winklevoss brothers once owned 1% of the circulating BTC supply—and now continue to hold $764 million worth of BTC. Their total unrealized profit on BTC is currently… pic.twitter.com/Pjzp45V3K7

— Arkham (@arkham) March 10, 2026

Winklevoss Brothers Bought Bitcoin Early at $120

In the early days of Bitcoin, the Winklevoss brothers used funds from their settlement with Facebook to make strategic investments. According to CNBC, they purchased Bitcoin when it was still around $120 in 2013, acquiring about 1% of the total circulating supply at that time. At its peak, their holdings were estimated to be as high as 108,000 BTC. This massive early accumulation made them one of the most well-known “whales” in the crypto market. Their very low initial investment cost laid the foundation for a cumulative profit of up to $1.8 billion later on.

Transfer of 1,750 Bitcoins to Exchange Sparks Selling Speculation

As the market matured and with operational needs for their Gemini exchange, their holdings have decreased year by year over the past decade. According to the latest report from blockchain analysis firm Arkham Intelligence, the Winklevoss brothers recently transferred 1,750 BTC (worth about $130 million) to their Gemini exchange. They currently hold 8,757 BTC, valued at approximately $764 million. This objective data shows their holdings have decreased by about 90% from their peak in 2014.

However, Bitcoin has recently been consolidating around $70,000, and this news has not triggered a panic sell.

This article about the Winklevoss brothers transferring $130 million worth of Bitcoin to the exchange, with BTC stable at $70,000, first appeared on Chain News ABMedia.