According to recent data tracked by The Data Nerd, a wallet believed to be associated with Marathon Digital transferred 790 Bitcoins, valued at around $84.64 million, to the cryptocurrency exchange Binance. This significant movement occurred just one hour prior to the report, highlighting a notable transaction within the digital asset ecosystem. Such large-scale transfers often indicate strategic repositioning or liquidity management by institutional players. Market participants should monitor these developments closely, as they can impact Bitcoin’s trading dynamics and overall market sentiment.
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Source: https://en.coinotag.com/breakingnews/marathon-digital-transfers-790-bitcoins-worth-84-64-million-to-binance/