Winklevosses Keep Holding $764 Million in Bitcoin After Selling $130 Million BTC Recently

Winklevosses Keep Holding $764 Million in Bitcoin After Selling $130 Million BTC Recently

Source: UToday

Published:12:42 UTC

BTC Price:$70564

#btc #winklevoss #crypto

Analysis

Price Impact

Med

The winklevoss twins selling $130 million in btc is a notable event, but their continued holding of $764 million indicates they remain long-term bulls. this suggests the sell-off may be for diversification or liquidity rather than a bearish conviction.

Trustworthiness

High

Arkham research is a reputable on-chain analytics firm, and their data on wallet movements is generally considered reliable.

Price Direction

Neutral

While a $130 million sale can put downward pressure, the fact that the winklevosses still hold a substantial amount and have a large profit implies they are not exiting their position. the broader market context of etf inflows and exchange balances hitting lows could offset this selling pressure.

Time Effect

Short

The immediate impact of the sale might be felt in the short term, but their long-term conviction is more likely to influence price over a longer horizon.

Original Article:

Article Content:

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Winklevosses still hold close to $800 million in BTC 20 million BTC mined already Advertisement Analytics data published by the Arkham Research platform shows that early Bitcoin adopters Tyler and Cameron Winklevoss, the founders of the Gemini exchange, still own a considerable amount of the world’s flagship cryptocurrency, Bitcoin. Even though last week they sold more than $100 million worth of Bitcoin, their remaining BTC position is now worth nearly $2 billion in fiat. Winklevosses still hold close to $800 million in BTC Arkham published a tweet, revealing that the Winklevoss twins — who initially stood behind the creation of Facebook and then entered the crypto industry firmly by founding the Gemini exchange — sold a significant amount of Bitcoin last week. HOT Stories $2 XRP Back on the Menu: Bollinger Bands, Bitcoin (BTC) Recovers to $70,000 Amid 500% Liquidation Imbalance, 494 Billion Shiba Inu (SHIB) Leaves Singapore's Coinhako to Major Market Maker: Morning Crypto Report Ripple Exec Celebrates $100 Billion Milestone They moved an impressive $130 million worth of BTC to Gemini Hot Wallets, “presumably to sell,” Arkham stated. The data source reminded the community that in the early days of Bitcoin, the crypto twins owned 1% of the total 21 million Bitcoin supply, equaling 210,000 coins. Advertisement THE WINKLEVOSS TWINS SOLD $130M BTC The Winklevoss Twins transferred $130M of BTC to Gemini Hot Wallets since last week, presumably to sell. The Winklevosses once owned 1% of the circulating BTC supply - and now continue to hold $764M of BTC. Their total PnL on BTC is currently… pic.twitter.com/Pjzp45V3K7 — Arkham (@arkham) March 10, 2026 At the current prices, this would have been equal to $14,886,641,700. After selling the aforementioned amount of crypto, the Winklevosses still hold $764 million in Bitcoin. Arkham also said that their Profit and Loss on BTC now comprises $1.8 billion. You Might Also Like Tue, 03/10/2026 - 10:28 Bitcoin Exchange Balance Hits All-Time Low, BTC Supply Shock on Horizon? By Yuri Molchan Advertisement 20 million BTC mined already On March 9, the 20 millionth Bitcoin was mined, leaving only one million coins to be extracted from the digital space. Initially, Satoshi Nakamoto created a hard-capped asset with a 21 million supply back in 2008, when the circulating “M1” fiat money supply in the global economy was believed to comprise $21 trillion dollars. The remaining million Bitcoin will be extracted over the next 114 years, with halvings coming every four years to reduce the block reward size. At the current price near $70,000, one million BTC is worth $70,706,880,000. Meanwhile, Bitcoin ETFs and treasury companies continue to accumulate BTC. This week, Michael Saylor’s Strategy made a regular purchase, acquiring a mind-blowing 17,994 BTC for $1.28 billion. The company now holds 738,731 BTC in total. As for retail holders, there is similar news: the Bitcoin supply on crypto exchanges has reached an all-time low, as many have withdrawn their BTC to the safety of cold wallets. This data was provided by CoinGlass, with almost one million coins leaving trading platforms over the past year. #Bitcoin