Gemini address becomes the third-largest holder of Bitcoin

The cryptocurrency exchange Gemini over the past three months transferred на новый кошелек 118,000 BTC (about $3.08 billion). обратил внимание journalist Colin Wu.

The first incoming transaction to this address dates back to May 8, 2023.

As of writing, losses from Bitcoin’s price volatility stand at $94 million.

The address ranks third by the number of coins. First and second are the cold wallets of Binance (248,597 BTC) and Bitfinex (178,010 BTC), respectively.

Earlier in August, the Satoshi-era bitcoin wallet transferred 1005 BTC. The coins were mined in 2010.