• 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…

The post Marathon Digital Transfers 370 BTC to Galaxy Digital, Sparking Sale Speculation appeared first on Coin Edition.