Marathon Digital Transfers 370 BTC Worth $24.83M to Galaxy Digital

  • Marathon Digital transfers 370 Bitcoins to Galaxy Digital, worth around $24.83 million.  

  • Galaxy Digital deposits 370 BTC into Binance after receiving them from Marathon.  

  • Marathon Digital retains 12,837 BTC in reserves, valued at approximately $862 million. 

Marathon Digital, a major Bitcoin mining company in North America, may have used Galaxy Digital to sell 370 Bitcoins. This transaction, worth approximately $24.83 million, came to light following a series of transfers on the blockchain. On-chain data, monitored by @ai_9684xtpa, revealed the significant movement of funds between the two companies.

北美比特币矿企巨头之一 Marathon Digital 疑似委托 Galaxy Digital 抛售 370 枚 $BTC ,约 2483 万美金💰

Marathon 经多次中转,于 9 小时前向 Galaxy 转移 370 枚 BTC,四小时前后者已将代币充值进 #Binance;Marathon 目前仍持有 12837 BTC,价值 8.62 亿美金

钱包地址 https://t.co/qhbzVcIMzT pic.twitter.com/q8Kb13G8DI

— Ai 姨 (@ai_9684xtpa) October 16, 2024

A few hours ago, Marathon Digital sent 370 Bitcoins to Galaxy Digital. Four hours after the initial transfer, Galaxy Digital moved the same 370 Bitcoins in…

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