Hut 8 BTC deposit to exchange
Company: Hut 8
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”
