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0.000285036547482763 -0.000864771898295139 0.000710175804745195 0.00439149528240365 0.00535772086709088 -0.0062369861491563 0.00486977694682375 -0.0130005652419671
Stock impact report

Bitcoin Miners Cash in on BTC Rally as Exchange Transfers Hit Two-Month High [Yahoo! Finance]

Marathon Digital Holdings, Inc. (MARA) 
Last marathon digital holdings, inc. earnings: 8/14 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.marathonpg.com
Company Research Source: Yahoo! Finance
Marathon Digital has sold 1,400 bitcoin worth $98 million since the start of June. OTC volume also spiked to a two-month high. Transfers from bitcoin {{BTC}} mining pools to exchanges reached a two-month high this week as BTC hovered around its local high $70,000, according to a report by CryptoQuant. Selling via over-the-counter (OTC) desks also spiked as miners look to cash in on their holdings following the bitcoin halving, which caused a drop in daily mining revenue. Miners sold at least 1,200 BTC on June 10, the highest daily total in two months. The prior day, miners sent more than 3,000 BTC ($209 million) to exchanges with the majority of that coming from the btc.com mining pool into Binance. The spike in transfers coincided with a temporary correction in bitcoin as it fell from $70,000 to $66,000 before rebounding days later. Selling activity among bitcoin miners in the U.S. has also increased with Marathon Digital (MARA) selling 1,400 BTC ($98 million) since the st Show less Read more
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