BlackRock and Winklevoss Twins Move Over 7,000 BTC into Exchange Wallets
BlackRock transferred approximately $403 million worth of 6,005 BTC to Coinbase Prime while the Winklevoss twins moved 1,000 BTC valued at around $67.5 million into a Gemini hot wallet on June 2. These movements have raised concerns about potential institutional selling amid ongoing Bitcoin ETF outflows and declining prices.
Topics: Bitcoin BlackRock ETF outflows on-chain analysis Winklevoss Twins