MARA's Bitcoin stash fell 34% to under 36,000 BTC in H1

Bitcoin Miners Are Selling Again: Here's How Much BTC Was Reportedly Offloaded

Bitcoin’s price recovery to over $64,000 could be in trouble as the backbone of the entire network and ecosystem has gone on a substantial selling spree. Data from Lookonchain shows that two of the largest BTC miners, namely MARA and Riot Platforms, have deposited significant portions of the cryptocurrency to exchanges, with the likely intention of selling. More specifically, MARA, which posted over $600 million in losses in Q2 but continues to …

MARA's Bitcoin stash fell 34% to under 36,000 BTC in H1

MARA's strategic shift from HODLing to monetizing Bitcoin reflects a broader trend of companies balancing digital assets with financial stability. The post MARA’s Bitcoin stash fell 34% to under 36,000 BTC in H1 appeared first on Crypto Briefing.