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    Hut 8-linked wallets deposit $130M in BTC to exchanges

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    FEED Bitcoin Coinness October 16, 2026 1:19 am 1 views

    Wallets linked to Nasdaq-listed U.S. Bitcoin miner Hut 8 (HUT) deposited 1,589 BTC worth $130 million to multiple exchanges over the past two days, according to Lookonchain. Exchange deposits are typically interpreted as being intended for sale. According to BitcoinTreasuries.net, Hut 8 holds 10,278 BTC worth $845.81 million.

    Source: Coinness

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