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MARAHoldings Transfers 1,000 BTC to Wintermute: Implications for Crypto Exchanges | Flash News Detail | Blockchain.News
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10/4/2024 3:13:34 AM

MARAHoldings Transfers 1,000 BTC to Wintermute: Implications for Crypto Exchanges

MARAHoldings Transfers 1,000 BTC to Wintermute: Implications for Crypto Exchanges

According to OnchainDataNerd, MARAHoldings, a Bitcoin mining company holding 18,708 BTC valued at approximately $1.14 billion, recently transferred 1,000 BTC, worth around $61.01 million, to Wintermute. Over the past week, Wintermute has received a total of 1,948 BTC, equivalent to about $121.26 million, from various partners. Notably, more than 1,100 BTC have already been deposited into exchanges. This activity suggests increased liquidity and potential selling pressure in the market, which could impact Bitcoin's price dynamics.

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The Data Nerd

@OnchainDataNerd

The Data Nerd (On a mission to make onchain data digestible)

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