$518.6M
Gemini Custody
39NNWsiCBuLw9vdk4qQfUF2YTSg7BuoF3k
->
Winklevoss Capital: Gemini Custody
39wVd42giU95ca39sEPkbPTpWygvsBDuA5
Capital shifting between wallets, neutral flow change. $518.6M BTC moved from Gemini Custody to Winklevoss Capital: Gemini Custody on Bitcoin. Monitor follow-up routing to distinguish internal treasury rotation, market-maker rebalancing, bridge settlement, and true directional position change. Low priority whale flow: treat as context unless similar transfers repeat.