MARA Holdings Transfers $87M in BTC Amid Ongoing Crypto Selloff

MARA Holdings has shifted approximately 1317 BTC, valued at $87 million, as the cryptocurrency market continues its downward trend.

In a notable development in the cryptocurrency sector, MARA Holdings, a bitcoin mining company listed on Nasdaq, has transferred around 1317 BTC, which is equivalent to $87.4 million, in a span of just 13 hours, according to on-chain analytics.

This significant movement of Bitcoin comes as the broader cryptocurrency market experiences an extended selloff, raising concerns among investors and analysts alike.