Miners MARA and Riot Move 581 BTC to NYDIG in 10-Hour Window

News Editor

2026-08-07 00:58:18

On-chain data tracked by Lookonchain shows two bitcoin mining firms moving funds to institutional custody platform NYDIG within a 10-hour window. MARA, which holds 36,303 BTC worth roughly $2.34 billion, deposited 200 BTC, valued at about $12.86 million, into NYDIG around 10 hours ago. That deposit equals approximately 0.55% of MARA's total bitcoin holdings. Riot Platforms made a larger transfer in the same period, sending 381 BTC worth approximately $24.51 million to NYDIG, also about 10 hours ago. Lookonchain noted that Riot has been continuously sending bitcoin to the platform. Combined, the two deposits total 581 BTC — around $37.37 million based on the values cited in the monitoring data. Riot's 381 BTC transfer is nearly twice the size of MARA's 200 BTC deposit. Both transfers were detected and flagged in a ChainCatcher news flash published on Aug 7, 2026, which cited Lookonchain's on-chain monitoring as the source.

BitcoinMARARiot PlatformsNYDIGWhale MovementOn-Chain DataMiners

Two bitcoin miners sent a combined 581 BTC to institutional custody platform NYDIG in a 10-hour window, according to Lookonchain monitoring data reported by ChainCatcher. MARA, which holds 36,303 BTC worth roughly $2.34 billion, deposited 200 BTC into NYDIG about 10 hours ago. The deposit was valued at around $12.86 million, equal to about 0.55% of its total holdings. Riot Platforms also directed 381 BTC, worth about $24.51 million, to NYDIG in the same period — a transfer nearly twice the size of MARA's. Lookonchain noted that Riot has been continuously sending bitcoin to the custody platform. At the values cited in the monitoring data, the two transfers add up to 581 BTC, or approximately $37.37 million.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.

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