MARA Sends $82.8 Million in Bitcoin to Exchanges During a Shaky October
MARA Holdings appears to be selling Bitcoin (BTC) again as the market swings through October. Wallets linked to the miner sent 1,000 BTC to Binance and Gate over 5 days. On-chain tracker Lookonchain flagged the deposits, the second large MARA transfer it has spotted this month. Follow us on X to get the latest news The post MARA Sends $82.8 Million in Bitcoin to Exchanges During a Shaky October…
MARA Holdings moved 1,000 BTC worth roughly $82.8 million to Binance and Gate over five days, according to on-chain tracker Lookonchain. It marks the second large MARA transfer flagged this month, suggesting the miner may be selling coins amid a volatile October. Traders often read large miner-to-exchange deposits as potential sell pressure, so the transfers could weigh on BTC sentiment if more follow.
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