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MARA Makes a Another Move, And Still Sits on a Mountain of BTC.
About twelve hours ago, the Bitcoin mining heavyweight #MARA sent 288 BTC over to Wintermute roughly $26.3M at current prices. Smooth, efficient, almost routine.
The part that really bends the mind comes after. Even with that transfer done, MARA’s wallet is still sitting on around 16,530 BTC, a stash worth close to $1.53B. For most players, moving 288 $BTC would be a once-in-a-lifetime event. For MARA, it’s closer to housekeeping.
Is it liquidity management? A deal behind the scenes? Or just another day at scale? Hard to pin down. But when miners this big shift coins, even quietly it’s rarely meaningless.
Address for those tracking the trail: