Markets· ★★★· bearish·

Lookonchain: wallets tied to miner MARA sent 1,000 BTC to Binance and Gate

  • —1,000 BTC worth $82.8 million moved to Binance and Gate in five days
  • —Deposits came in multiple transfers, not a single transaction
  • —Lookonchain did not confirm a sale or any MARA statement
Why it matters: Miner coins hitting exchanges are read by traders as a sell signal and potential pressure on BTC price.
Source: Koin Bülteni