Bitcoin Miner MARA Transfers $86.9 Million in BTC to Two Prime and Custody Partners

Bitcoin miner Marathon Digital moved 1,318 BTC, worth about $86.9 million, over 10 hours to multiple counterparties and custody venues. The majority went to Two Prime, a credit and trading firm, while additional transfers were made to BitGo and a fresh wallet. The timing of these transfers, amid recent market volatility, has raised concerns over potential forced miner selling or routine treasury management.

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