MARA Holdings moves 250 BTC off-platform… sells 15,000 BTC since March

Suehyeon Lee

Summary

Bitcoin (BTC) miner MARA Holdings (MARA) reportedly continued its selling trend by moving additional Bitcoin.
According to Lookonchain, MARA Holdings transferred 250 BTC (about $17.37 million) off-platform roughly three hours earlier.
MARA Holdings sold about 15,133 BTC (about $1.1 billion) from March 4 to 25, a move seen as an example of intensifying selling pressure among miners.

Forecast Trend Report by Period

An analysis suggests that Bitcoin (BTC) miner MARA Holdings (MARA) is continuing its selling trend by moving additional Bitcoin.

According to Lookonchain on the 6th (local time), MARA Holdings transferred 250 BTC (about $17.37 million) off-platform roughly three hours earlier. The transfer is seen as an extension of a recent asset liquidation trend.

Previously, MARA Holdings sold about 15,133 BTC (about $1.1 billion) from March 4 to 25. The move is viewed as a case in which miners’ selling pressure intensified as a large volume was supplied to the market in a short period.

BTC

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.

MARA Holdings moves 250 BTC off-platform… sells 15,000 BTC since March

PiCK News

US Spot-Bitcoin ETFs See $471.4 Million of Net Inflows in Biggest Haul Since Feb. 25

US spot Ethereum ETFs see $120 million of net inflows in a day… led by BlackRock and Fidelity

Terence Kwok: “Humanity, the internet’s ‘trust layer’…essential infrastructure in the AI era”

[Key economic and crypto events for today] Avalanche (AVAX) ERC-8004 mainnet, etc.

Iran Presents '10 Demands' in Response to US Peace Plan…Makes Reopening of Hormuz Conditional

Trending News