Bitcoin Miner MARA Moves 1,318 BTC in 10 Hours, Traders Wary of Forced Miner Selling

Bitcoin miner Marathon Digital (MARA) has transferred 1,318 BTC, worth $86.9 million, in 10 hours as Bitcoin slumps to $64K. The miner moved to a mix of three crypto wallets, on-chain data revealed. Per Arkham, MARA moved a large chunk of 653.773 BTC to credit and trading firm Two Prime, worth about $42.01 million in one transfer. Minutes later, a smaller amount of 8.999 BTC, worth about $578,000, was sent to the same Two Prime-tagged address. A separate chunk of about 300 BTC was sent to crypto custodi ...