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Whale Moves

Suspected Strategy-Linked Wallet Moves 1,030 BTC; MARA Transfers 6,000 BTC to Two Prime

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A wallet identified by Lookonchain as potentially linked to Michael Saylor’s Strategy transferred 1,030 Bitcoin worth about $66.14 million approximately two hours ago, according to the blockchain analytics platform.

Last week, Strategy disposed of 1,638 BTC in transactions totaling about $102.4 million. Following those sales, the company’s Bitcoin treasury stood at 842,138 BTC, with an estimated market value of $52.65 billion.

Strategy Linked Wallet Moves 1.03K Bitcoin
Strategy Linked Wallet Moves 1.03K Bitcoin

In a separate series of on-chain transactions over the past five hours, Bitcoin miner MARA sent 6,000 BTC, valued at roughly $384.6 million, to Two Prime. The miner continues to hold 36,303 BTC, worth an estimated $2.34 billion.

Analysts said the transfer to Two Prime should not be interpreted as evidence of a sale, adding that such movements can also be associated with asset management activities.

MARA Transfers 6K BTC to Two Prime
MARA Transfers 6K BTC to Two Prime

Source: Lookonchain