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Crypto

Mara Holding's Latest Move Adds Fuel to Miner Selling Trend

Guavy AI Editorial Team
Instruments
BTC
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MARA Holding has made another significant move in the crypto market, depositing 200 BTC worth $12.86M into NYDIG.

This is part of a larger trend where miners are selling their Bitcoin holdings to custodians like NYDIG. Riot Platforms added another 381 BTC ($24.51M) to the same custodian in recent hours.

The price of Bitcoin currently sits at $64,415.96, above both its EMA50 at $64,053.48 and EMA200 at $63,647.07, but a warning sign comes from the MACD death cross at 237.47, indicating fading momentum.

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