MARA Bitcoin Miner Transfers $87M BTC to Exchanges and Trading Firms

Bitcoin miner MARA has transferred $87 million worth of BTC to multiple trading desks, including a major transfer to Two Prime. Arkham reports significant movements in Bitcoin.

Recent transactions reveal that the prominent Bitcoin mining company, MARA, has shifted a substantial $87 million in BTC across various trading platforms and exchanges. According to reports from Arkham, one of the most notable transfers involved the credit and trading firm Two Prime, which received over 660 BTC in this operation.

In addition to the transfer to Two Prime, MARA also allocated significant amounts of Bitcoin to a BitGo address and a newly created wallet. These strategic movements highlight the ongoing activity and liquidity management within the crypto market, as miners adapt to the evolving landscape.