user-avatar
Evans Boto

Marathon Digital shifts 298 BTC worth $20.57M to Cumberland as funding rates turn negative

Marathon Digital moved 298 BTC, valued at about $20.57 million, from MARA-linked wallets to Cumberland, adding fresh miner-related supply to the market. Despite this transfer and sharply negative Funding Rates, spot order-flow data still showed buyers absorbing selling pressure while on-chain ratios like NVT and Stock-to-Flow pointed to stronger network activity and scarcity.