Bitcoin miner MARA Holdings earlier today raised 400 BTC worth $46.29 million from institutional crypto liquidity provider FalconX, as institutional investors view last week’s historic market crash as a buying opportunity rather than the start of a long-term downturn.
Purchases are made through MARA’s wallet address. ”3 minutes”, the total holdings of listed mining companies exceeded 53,000 BTC, maintaining the second place Corporate Bitcoin Holder According to Bitcoin Treasuries Net, it is behind Strategy’s 640,031 BTC data.
Mara (@MARA)’s wallet “3MYao” bought 400 $BTC worth $46.29 million from #FalconX 2 hours ago.
Additionally, the newly created wallet “bc1qr” received 500 $BTC worth $55.9 million from #BitGo.
address:
– 3MYaoC6gvhVt4oucnzwhq17tAesYh9fFgR
-… pic.twitter.com/W5UjueEs5I— OnchainLens (@OnchainLens) October 13, 2025
The acquisition will take place as follows Bitcoin According to CoinGecko, it rose 3.2% in the past 24 hours, recovering to $114,763. datafollowing what became the largest liquidation event in crypto history on Friday.
Over $19 billion Cryptocurrency positions have been erased Bitcoin plummeted from more than $121,000 to less than $106,000 before recovering after President Donald Trump threatened “massive” tariffs against China.
Markets stabilized over the weekend as President Trump softened his rhetoric. Post on Truth Social He said Washington “wants to help China, not hurt it” and described Chinese President Xi Jinping as “highly respected.”
“Last week, the market went into turmoil and almost immediately everyone started buying,” said Pav Hundal, chief market analyst at Swyftx. decryption.
“This was the largest liquidation event we have seen in the crypto industry, but every time there is a reset, the market simply goes back to business as usual. This seems to be exactly what is happening with MARA,” Hundal added.
Hundal said that MARA “seems to have considered the geoeconomics and determined that Bitcoin has more room to operate,” and pointed out the possibility of additional global monetary easing, saying, “Inflation forecasts are currently facing a double whammy due to the decline in both oil prices and demand.”
According to Google Finance, MARA stock closed at $18.64, down 7.75% from its October 10 closing price of $20.20. This indicates overall market weakness. data.
