MARA Selling Bitcoin? Exchange Deposits Put 1,000 BTC Under Watch
BTC when published $82,728Now $80,617 ▼ −2.55% since it was published
Is MARA Selling Bitcoin? Wallets linked to MARA Holdings sent 1,000 BTC, worth about $82.8 million, to Binance and Gate over five days, renewing speculation that the miner may sell part of its Bitcoin treasury. Lookonchain flagged the transfers as the second large MARA-linked movement it had identified in October. Blockchain records show Bitcoin arriving at addresses associated with Galaxy Digital, Binance and Gate. The earlier October transfer involved 996 BTC, valued at about $81.13 million, moving to a Galaxy Digital address. Lookonchain flagged that movement on October 9, like the latest exchange deposits. That uncertainty fits a market question about how investors interpret activity around MARA’s crypto-market exposure. The wallet attribution is linked to addresses associated with the company.
First reported by Cryptonews. This page is a short excerpt; the full text is theirs.
