Hut 8 moves 1,589 BTC to exchanges
Company: Hut 8
The claim, verbatim
Per Lookonchain on-chain data, Hut 8 transferred 1,589 BTC (about $130 million) to multiple exchanges within 48 hours. That is about 15% of its 10,278 BTC treasury. The company has not confirmed any sale.
Source (primary)
Bitcoin News: Could MARA and Hut 8 Transfers Weigh on BTC Price? - The Coin Republic (-, news_article)
View cached copy (2026-10-20)Live source ↗Archive.org ↗
Quote: “Hut 8 Mining Corp. transferred another 1,589 BTC, worth roughly $130 million, to multiple exchanges within 48 hours.”
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 Bitcoin News: Could MARA and Hut 8 Transfers Weigh on BTC Price? - The Coin Republic
Quote: “Hut 8 Mining Corp. transferred another 1,589 BTC, worth roughly $130 million, to multiple exchanges within 48 hours.”