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MARA Moves 1,000 Bitcoin to Exchanges and Sparks Alarm

By Damilola Esebame

Photo for: MARA Moves 1,000 Bitcoin to Exchanges and Sparks Alarm

Source excerpt · FinanceFeeds

Bitcoin mining company MARA Holdings transferred 1,000 BTC worth approximately $82.8 million to exchanges Binance and Gate over the past five days, blockchain analytics platform Lookonchain reported on Oct. 19, raising questions about whether the company is preparing another sale from its shrinking reserves. The transfer represents approximately 4% of the 26,307 BTC MARA held in unrestricted Bitco…