{"id":52479,"date":"2025-10-13T07:01:43","date_gmt":"2025-10-13T07:01:43","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=52479"},"modified":"2025-10-13T07:01:43","modified_gmt":"2025-10-13T07:01:43","slug":"btc-mining-firm-marathon-mara-scoops-up-400-btc-after-price-crash-on-chain-data-show","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=52479","title":{"rendered":"BTC Mining Firm Marathon (MARA) Scoops Up 400 BTC After Price Crash, On-Chain Data Show"},"content":{"rendered":"<div>\n<p>Marathon Digital Holdings (NASDAQ: MARA) appears to have taken advantage of Friday&#8217;s <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/10\/12\/green-shoots-on-china-lifts-crypto-in-sunday-action\">market turmoil<\/a> to load up on bitcoin (BTC), according to data curated by Arkham Intelligence.<\/p>\n<p>Marathon Digital Holdings, which holds about 52,850 BTC (worth roughly $6.06 billion), purchased an additional 400 BTC valued at about $45.9 million through FalconX early Monday, according to Arkham Intelligence data tracked by blockchain sleuth <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/10\/13\/marathon-scoops-up-400-btc-after-friday-s-usd20b-crash\">Lookonchain<\/a>. <\/p>\n<p>MARA&#8217;s move suggests that corporates and miners are once again accumulating BTC into volatility, similar to the patterns seen in prior market resets. The miner <a href=\"https:\/\/ir.mara.com\/news-events\/press-releases\/detail\/1410\/mara-announces-bitcoin-production-and-mining-operation-updates-forseptember-2025\">produced<\/a> 218 blocks in September, a 5% increase over August, as global hashrate grew 9% month-over-month to an average of 1,031 EH\/s. <\/p>\n<p>CoinDesk reached out to MARA for official confirmation.<\/p>\n<p>Bitcoin plunged nearly 13% within an hour on Friday after renewed U.S.\u2013China tariff threats sparked a global risk-off wave, wiping out about $65 billion in open interest, although some market stakeholders <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/10\/13\/asia-morning-briefing-ethereum-leads-recovery-after-usd20b-liquidation-shock\">suggest the real culprit in the crash<\/a> was Binance, with internal errors causing assets to de-peg.<\/p>\n<p>At the time of writing, bitcoin traded near $114,800, up about 3% in the past 24 hours as trade-war tensions ease between Washington and Beijing.<\/p>\n<p>BTC\u2019s failure to sustain gains above the long-term resistance trendline from the 2017 and 2021 highs could open the door to a retest of $100,000, <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/10\/13\/bitcoin-may-tank-to-usd100k-after-friday-s-btc-crash-reinforced-2017-21-bull-run-trendline-as-major-resistance\">according to CoinDesk analysts.<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Marathon Digital Holdings (NASDAQ: MARA) appears to have taken advantage of Friday&#8217;s market turmoil to load up on bitcoin (BTC), according to data curated by Arkham Intelligence. Marathon Digital Holdings, which holds about 52,850 BTC (worth roughly $6.06 billion), purchased an additional 400 BTC valued at about $45.9 million through FalconX early Monday, according to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-52479","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/52479","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=52479"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/52479\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52479"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52479"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52479"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}