Gemini’s own boss moved the coins home—don’t rush to call it a “top” exit; it could also be internal rebalancing.

CoinWorld reports that the Winklevoss Twins transferred $60 million worth of Bitcoin to the Gemini exchange, but it is not yet confirmed whether this is for sale or reallocation; they still hold approximately $300 million in Bitcoin and transferred about $7 million in Ethereum to Gemini, suggesting they may be taking profits on long-term investments. Industry opinions are divided: selling near the bottom is not inevitable, and transferring to an exchange does not necessarily mean the assets have been sold.