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Inside Gemini’s $114M Altcoin Withdrawals – What’s Happening?

  • Gemini multisig wallet withdrew over $114M in various altcoins, sparking speculation on institutional activity.
  • High-value altcoin withdrawals from Gemini raise questions on possible internal moves or client requests.
  • The Gemini multisig custodial wallet, identified by the address 0xc96, has received a lot of attention due to large altcoin withdrawals.
  • These withdrawals' timing and scale point to either significant internal moves inside Gemini's platform or high withdrawal demands from institutional clients.

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