Analysts say Winklevoss Capital still owes Gemini 4619 BTC

Analyst Emmett Gallic stated in an article on X platform that Gemini's latest filing reveals that as of December 31, 2025, Winklevoss Capital has not yet repaid 4619 BTC loans, which are approximately $314 million at current prices. The document shows that the annual interest rate of the loan is 4% -8%, with no fixed maturity date, and the lender can demand repayment at any time. Gemini has historically borrowed over 11000 BTC and 133000 ETH from Winklevoss Capital.