MARA Holdings deposited 1,000 BTC, worth $82.8 million, on Binance and Gate, reigniting sell-off concerns. The mining company still holds approximately 35,500 BTC worth $2.9 billion, with an average acquisition cost of $54,450, leaving it with substantial unrealized gains. Bitcoin treasury valuations recovered from $80 billion to over $100 billion between September and October, but U.S. demand remained weak as the Coinbase Premium Index stayed negative for two consecutive months. Bitcoin bounced from $80,684 to $83,158 before retracing to around $82,204, with the RSI approaching 50.
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