After a sharp drop, MARA (MARA.US) decisively stepped in! MARA threw in 46 million US dollars to buy the dip in Bitcoin.

After experiencing a historic crash in the cryptocurrency market, institutional investors seem to view this pullback as an opportunity to position themselves rather than the beginning of a sustained weakness. It was reported that the Bitcoin mining company MARA Holdings (MARA.US) recently made a significant purchase of 400 bitcoins, valued at $46.29 million, from the institutional cryptocurrency liquidity provider FalconX. According to Bitcoin Treasuries Net data, this transaction was completed through MARA's "3MYao" wallet address. Following the transaction, the total amount of bitcoins held by this publicly listed mining company surpassed 53,000, maintaining its position as the second-largest corporate bitcoin holder, just behind Strategy (MSTR.US) which holds 640,031 bitcoins. This purchase coincided with a rebound in the price of bitcoin. CoinGecko data shows that after the largest liquidation event in cryptocurrency history last Friday, bitcoin has risen over 3% in the past 24 hours, with the price rising above $115,000. Previously, President Trump's threat to impose "huge" tariffs on China led to over $19 billion in cryptocurrency positions being liquidated, causing the price of bitcoin to drop from above $121,000 to below $106,000. Over the weekend, as President Trump's tone on the Truth Social platform softened, the market gradually stabilized. Pav Hundal, Chief Market Analyst at Swyftx, said, "Last week, the market was in turmoil, but a comprehensive buying opportunity appeared almost instantly." He further pointed out, "This was the largest liquidation event in the history of the cryptocurrency field, but each time the market resets, it quickly returns to normal, and MARA's increased holdings are a manifestation of this pattern." Hundal analyzed that MARA's action seems to be based on an economic assessment similar to that of GEO Group Inc, believing that bitcoin still has significant upside potential. He mentioned that the current decline in oil prices and demand is putting double pressure on inflation expectations, and there may be a new round of global monetary easing policies, which will provide support for bitcoin.