Are the Winklevoss Twins selling Bitcoin?
The Winklevoss Twins just transferred 1000 BTC ($67.5M) from Gemini Custody into Gemini Hot Wallet.
Typically, a transfer to an exchange Hot Wallet indicates intent to sell. Are they selling?
Update: LAB continues market manipulation on CEXs via MM up to $5.7B mkt cap ($14B FDV) at top 22 ranking.
Disappointing to see exchanges allow it to continue as we all know how it ends when the hidden supply unlocks from OTC, private sale, airdrop, etc finally occur since insiders control nearly the entire float.
Just is a question of whether the vesting terms are changed yet again by the team.
Retail traders get baited in due to top CEX listings, trending lists, & high market caps which create the illusion of safety.
As stated before I do not advise trading these types of tokens.
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