MARAHoldings Transfers 1,000 BTC to Wintermute: Implications for Crypto Exchanges
10/4/2024 3:13:34 AM
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. (Source)
Bitcoin BTC Wintermute exchanges MARAHoldings