The Winklevoss twins, who’ve been predominantly vocal about Zcash and Cypherpunk recently, have made a big BTC switch to the cryptocurrency alternate they co-founded a decade in the past.
In keeping with knowledge from the analytics firm Arkham, the $130 million switch to Gemini’s sizzling wallets was finished “presumably to promote.”
THE WINKLEVOSS TWINS SOLD $130M BTC
The Winklevoss Twins transferred $130M of BTC to Gemini Sizzling Wallets since final week, presumably to promote.
The Winklevosses as soon as owned 1% of the circulating BTC provide – and now proceed to carry $764M of BTC. Their whole PnL on BTC is at the moment… pic.twitter.com/Pjzp45V3K7
— Arkham (@arkham) March 10, 2026
Their knowledge additional signifies that the brothers as soon as owned roughly 1% of bitcoin’s provide. Earlier studies recommended that they started shopping for BTC in 2011, buying $11 million within the cryptocurrency at $120 per unit from the $65 million they had been awarded in money and Fb inventory following a authorized dispute with Mark Zuckerberg.
Though they reportedly bought a portion of their holdings to launch Gemini, their estimated PnL on bitcoin stays round $1.8 billion, Arkham added.
They’ve made a number of newsworthy donations through the years, together with multi-million-dollar transfers of BTC to Donald Trump’s 2024 presidential marketing campaign on the promise that he was pro-bitcoin, pro-crypto, and pro-business.
Whereas championing for extra privateness within the cryptocurrency business, their focus has most lately switched towards Cypherpunk – an organization devoted to self-sovereignty.
Within the preliminary assertion, the brothers mentioned they may “execute on our mission by accumulating, constructing, and supporting privacy-protecting belongings and applied sciences at a time when the world wants them greater than ever.”
The most recent press launch shared by the corporate reads that Cypherpunk Applied sciences has invested $5 million into Zcash Open Growth Lab (ZODL), which is its first tech funding outdoors of ZEC.
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