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Hut 8 BTC deposit to exchange

Company: Hut 8

Subject kind
financing
Statement date
2026-10-16
Current status
stated

The claim, verbatim

A wallet associated with Hut 8 deposited 1,589 BTC (about $130 million) to a centralized exchange over the past two days, per Lookonchain on-chain monitoring; the BTC may have already been sold.

Source (primary)

Hut 8-related wallets deposited 1,589 bitcoin into CEX in the past two days, possibly already sold. - Bitget (-, news_article)
View cached copy (2026-10-16)Live source ↗Archive.org ↗

Quote: “a wallet associated with crypto mining company Hut 8 deposited 1,589 BTC (worth $130 million) to a CEX in the past two days, which may have already been sold”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Hut 8-related wallets deposited 1,589 bitcoin into CEX in the past two days, possibly already sold. - Bitget

Quote: “a wallet associated with crypto mining company Hut 8 deposited 1,589 BTC (worth $130 million) to a CEX in the past two days, which may have already been sold”

View cached copy (2026-10-16)Live source ↗Archive.org ↗