Hut 8 has moved another 1,617 $BTC , worth approximately $121.43 million, just 3 hours ago.
The timing is interesting. Back in October, the Bitcoin miner sold 2,148 BTC for $175.4 million, at an average price of around $81,657, with the proceeds reportedly used to fund share buybacks.
Now another sizeable #BTC transfer has surfaced. Could this be the start of another sale? It's possible, but the latest transfer alone doesn't confirm that the Bitcoin has been sold.
Track the wallet activity: https://arkm.com/explorer/entity/hut-8
The timing is interesting. Back in October, the Bitcoin miner sold 2,148 BTC for $175.4 million, at an average price of around $81,657, with the proceeds reportedly used to fund share buybacks.
Now another sizeable #BTC transfer has surfaced. Could this be the start of another sale? It's possible, but the latest transfer alone doesn't confirm that the Bitcoin has been sold.
Track the wallet activity: https://arkm.com/explorer/entity/hut-8
