"Mara Holdings transfers an additional 644 BTC to exchanges including Coinbase Prime"
Minseung Kang
Summary
- Bitcoin (BTC) mining company Mara (MARA) reportedly moved 644BTC of its holdings to external wallets.
- Lookonchain said the amount was transferred to FalconX and Coinbase Prime.
- Lookonchain said Mara has recently been repeatedly moving Bitcoin to institutional and OTC wallets.
Bitcoin (BTC) mining company Mara (MARA) appears to have moved some of its holdings back out.
On the 20th, on-chain analysis account Lookonchain reported that Mara transferred about 644BTC(about $58.7 million) to FalconX and Coinbase Prime.
Lookonchain said Mara has recently been repeatedly moving Bitcoin to institutional and OTC wallets.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
![[Analysis] "Bitcoin could fall once more before the next bull run… may drop to as low as $43,000"](https://media.bloomingbit.io/PROD/news/8c7118c8-560c-45ee-b17c-33941c08bb67.webp?w=250)
![[Analysis] "Bitcoin shows signs of recovering sentiment among U.S. investors… but a strong bullish reversal is still not in place"](https://media.bloomingbit.io/PROD/news/fa06d293-8d64-4e15-8420-70b42038247c.webp?w=250)