MARA dumped 23,093 $BTC in H1 2026 — roughly $1.6B at an avg price of ~$70,631.
Still holding 35,577 $BTC (~$2.3B).
Classic miner move: sell into strength, keep a war chest. They're not degen hodlers, they're a business with bills to pay. The question is whether they timed the top or just took profits while they could.
Either way, when miners start offloading size like this, it's worth watching what comes next.
$BTC is still holding around $65K, and that’s becoming an interesting area to watch.
There hasn’t been a strong breakout yet, but the lack of heavy selling around this level suggests buyers are still defending the market.
If $BTC
{future}(BTCUSDT)
can turn $65K into solid support, the next major target could be around $70K, which is also close to the 200-day moving average.
Still, sentiment remains cautious, so I’d rather see confirmation than chase the move.
$65K holds → $70K next?