2026-01-05 02:20:07

According to on-chain data monitoring, leading Bitcoin mining company MARA transferred 288 BTC to cryptocurrency market maker Wintermute nine hours ago. Based on the market price at the time of transfer, the transaction size is estimated to be approximately $26.3 million.

The intention behind this large transfer is worth noting. As a leading mining company, MARA's interactions with market makers usually represent liquidity management strategies—possibly to increase liquidity for trading pairs or involve OTC trading arrangements. In the current environment of heightened Bitcoin market volatility, on-chain movements by mining companies often serve as reference signals for institutional investors.

BTC-2,61%

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BagHolderTillRetire

· 21h ago

MARA dumps 288 BTC to Wintermute, this move... needs to be watched closely

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MetaEggplant

· 22h ago

Mara's move is quite bold, directly investing 26.3 million into Wintermute. Is this to pump the market or to bottom fish?

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CommunitySlacker

· 01-05 02:46

MARA is up to its tricks again, throwing 288 Bitcoin at Wintermute. This pace is a bit rapid. Is it to sell off or to shake out? Honestly, I don't quite understand. The movements of mining companies are indeed worth watching, but $26.3 million isn't particularly large. It feels like routine liquidity operations, nothing shady. OTC trading is done sneakily; mining companies all play this way. Big institutions have been watching for a long time, and we're so behind on this news it's dead.

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DeFiChef

· 01-05 02:44

MARA's move is interesting, investing $26.3 million in Wintermute... Looks like they're aiming to boost liquidity, or is there a big order coming?

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LiquidityLarry

· 01-05 02:29

Is MARA selling off again? No way, is this to crash the market or is there some big move?

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MonkeySeeMonkeyDo

· 01-05 02:25

Mara dumps coins to Wintermute. Is this to crash the market or to provide liquidity? 288 BTC, just dump it whenever. This move by the mining company is truly exceptional.

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PuzzledScholar

· 01-05 02:24

288 BTC dumped to Wintermute? This pace doesn't seem right. Are mining companies starting to offload?

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WalletDetective

· 01-05 02:23

What does this move by Mara mean? If it weren't for on-chain data, I would have been fooled long ago. --- 288 BTC slammed into Wintermute, either to dump or to cause trouble. --- I really can't understand the on-chain movements of the mining companies; it feels like they're always setting traps for us. --- $26.3 million just transferred out like that, my heart is bleeding, brother. --- Market makers taking such large orders, there must be big moves coming later, right? --- It's both mining companies and market makers; it feels like this show has just begun. --- Is Wintermute currently accumulating or selling off? Can anyone interpret this? --- The actions of top mining companies, institutions must be watching closely right now. --- 288 uh... I don't know if it's bullish or bearish, it's uncomfortable. --- If you ask me, this is just liquidity management. Don't overthink it.

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