Marathon Digital Holdings, one of the leading Bitcoin mining firms, has sent another 644 BTC to major exchanges, continuing its string of transfers in November.
The move comes amid mounting pressure on mining firms, with the hashprice index dropping to a record low.
According to blockchain ****** ytics firm Lookonchain, the company transferred 644 BTC, valued at approximately $58.7 million, in several separate transactions to FalconX and Coinbase Prime. The activity reflects a broader trend, as the firm continues to shift ****** ets.
For instance, just three days ago, Marathon Digital sent