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Data: Hut 8 is suspected of selling Bitcoin, with associated wallets depositing 1,589 Bitcoins into multiple exchanges over two days

2026-10-16 09:09:50

According to monitoring by Lookonchain, Bitcoin treasury company Hut 8 holds 10,300 Bitcoins, valued at 846 million dollars, and is currently suspected of selling Bitcoin.

The wallet associated with Hut 8 (bc1q…xqka) has deposited 1,589 Bitcoins, valued at 130 million dollars, to multiple exchanges in the past two days.

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