Gemini’s Cameron Winklevoss Says Bitcoin Is Trading At 50% Discount
CryptoProwlWed, August 19, 2026 at 4:22 PM GMT+3 2 min read
Cameron Winklevoss, co-founder of the Gemini (NASDAQ: $GEMI) crypto exchange, is urging investors to buy the dip in Bitcoin (CRYPTO: $BTC).
In a social media post, Winklevoss argues that Bitcoin is currently trading at a 50% discount and that this is an "unprecedented time to buy the dip."
Winklevoss, who co-founded Gemini with his twin brother Tyler, said that Bitcoin is currently on sale and that the 50% price decline since October 2025 is a discount rather than a warning sign.
More From Cryptoprowl:
The comments come with BTC having fallen from an all-time high of $120,000 U.S. last autumn to as low as $58,000 U.S. this June.
Bitcoin is trading at $64,750 U.S. on Aug. 19 but remains rangebound and unable to break through resistance at $65,000 U.S.
Cameron Winklevoss has a vested interest in talking up Bitcoin given that he and his brother Tyler own an estimated 70,000 BTC that's currently worth $4.60 billion U.S.
The twins were early investors in Bitcoin, first purchasing the cryptocurrency back in 2012.
The downturn in Bitcoin and other cryptocurrencies such as Ethereum (CRYPTO: $ETH) has pressured the Gemini exchange, which went public last September.
Earlier this year, the Winklevoss brothers moved $130 million U.S. in BTC to Gemini wallets, a transfer analysts interpreted as preparation for a potential sale.
Gemini recently cut 30% of its workforce amid the downturn in crypto prices and a decline in trading volumes on the exchange.
Gemini has also begun pivoting to other businesses such as prediction markets.
Cameron Winklevoss argues on social media that the popularity of artificial intelligence (A.I.) stocks, not crypto fundamentals, have hurt the price of Bitcoin over the past 10 months.
GEMI stock has declined 89% since its market debut in September 2025 and is now trading at $3.54 U.S. per share.
Yorumlar (0)
Giriş yaparak yorum yazabilirsin.
İlk yorumu sen yaz.