A wallet linked to Hut 8 transferred 1,589 BTC, worth approximately $130 million, to multiple exchanges over the past two days, according to tracking data from Lookonchain.

Hut 8 is a company that holds bitcoin in its treasury, with 10,278 BTC worth approximately $845.6 million. The amount of BTC transferred to exchanges by the linked wallet is equivalent to about 15.5% of those bitcoin holdings.

The transactions have raised the possibility that Hut 8 is selling bitcoin. However, transferring BTC to exchanges does not confirm that the bitcoin has been sold.

Source: https://tintucbitcoin.com/vi-lien-quan-hut-8-nap-1-589-btc-tri-gia-130-trieu-usd-len-san/

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