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$13.97 (as of March 14, 2026 07:23 GMT +07:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
La Roche-Posay Toleriane Double Repair Face Moisturizer, Daily Moisturizer Face Cream with Ceramide & Niacinamide for All Skin Types, Immediate Comfort & Long Lasting Hydration, Fragrance Free
$24.99 (as of March 14, 2026 07:23 GMT +07:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)Bitcoin miner Marathon (MARA) shifted roughly $87 million in BTC to trading desks and custody venues, according to on‑chain monitoring firm Arkham.
What moved
– Over the past 10 hours Arkham tracked a total of 1,318 BTC (about $86.89 million) leaving Marathon addresses and heading to a mix of counterparties and custody venues.
– The largest single leg went to Two Prime: a 653.773 BTC transfer (~$42.01 million) followed minutes later by an 8.999 BTC top‑up (~$578,000).
– Other notable outflows included 200 BTC and 99.999 BTC to a BitGo‑tagged address (together roughly $20.4 million), plus a 305 BTC transfer to a fresh address (around $20.72 million). Arkham’s breakdown indicates additional smaller legs made up the remainder.
Why it matters
Timing is everything. Crypto markets have been volatile this week after a liquidation‑driven selloff, and traders are closely watching miner flows for signs of forced selling. Large transfers from miners can mean different things — routine treasury or custody reshuffling, collateral movements, or preparation for an OTC deal — but in a thin market they’re often read as a potential increase in available supply.
Two Prime will draw particular scrutiny because it operates as a credit and trading counterparty. If Marathon’s BTC is being posted as collateral or moved into a trading strategy, that doesn’t necessarily equate to spot market sell pressure — but it does create an obvious market narrative to watch.
Miner economics under strain
The transfers come as miners face growing financial pressure. Bitcoin is nearly 50% below its peak above $126,000 last year, and CoinDesk has reported that BTC is about 20% below the industry’s estimated average production cost. Checkonchain data puts the average cost to mine one bitcoin at roughly $87,000, while the spot price slid toward a weekly low near $60,000. Historically, when spot trades below production cost it’s a hallmark of bear markets and raises the odds that miners may need to liquidate holdings if conditions don’t improve.
What to watch next
Market participants will be watching whether these coins are deposited on exchange order books, used as collateral, or held in custody for OTC activity. Each outcome carries different implications for near‑term supply and price action.
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