Marathon Digital Moves 1,318 BTC to Institutional Wallets Amid Bitcoin Dip

TLDR: MARA moved 1,318 BTC (~$86.9M) to Two Prime, BitGo, and Galaxy Digital in a 10‑hour window. The largest transfer of 653.773 BTC went to Two Prime, indicating structured institutional flows. Transfer occurred as Bitcoin traded in the mid‑$60K range during recent market weakness. Marathon still holds ~52,850 BTC, keeping it among the top reported public holders. Marathon Digital Holdings recently transferred 1,318 BTC (~$87 million) to institutional platforms, including Two Prime, BitGo, and Galaxy Digital, within about 10 hours. Bitcoin traded near mid‑$64,000 during the transfers. Despite the outflow, MARA still holds roughly 52,850 BTC, ranking among the largest corporate holders of Bitcoin globally. MARA’s Institutional Transfers and Strategic Management Marathon Digital Holdings transferred 1,318 BTC, valued at approximately $86.89 million, to institutional wallets over a short period. The recipients included Two Prime, BitGo, and Galaxy Digital, demonstrating intentional allocation rather than reactive selling. Two Prime received the largest portion, including 653.773 BTC worth around $42 million, along with smaller tranches. This wallet suggests the coins may support collateralized yield, hedging, or other structured financing strategies. The Bitcoin mining firm #MARA transferred 1,318 $BTC($86.89M) to Two Prime, BitGo, and Galaxy Digital in the past 10 hours.https://t.co/9DlN5ZPsBz pic.twitter.com/ubPZM5iwWi — Lookonchain (@lookonchain) February 6, 2026 This indicates operational planning rather than market panic. BitGo handled nearly 300 BTC, consistent with its custody-first service for secure storage, settlement, or pre-OTC positioning. Galaxy Digital, linked via Anchorage wallets, received the remaining coins, reinforcing the institutional nature of these transfers and highlighting coordinated treasury management. Even after moving 1,318 BTC, MARA still holds 52,850 BTC, ranking as the second-largest publicly reported holder. The transfers represe...