Markets· ★★★· bearish·

Hut 8-linked wallet deposits 1,589 BTC worth $130M to exchanges in two days

  • —Hut 8-linked wallet sent 1,589 BTC worth $130M to exchanges in two days
  • —The address holds a total of 10,278 BTC valued at $845.6M
  • —Data comes from on-chain tracker Lookonchain
Why it matters: Large BTC inflows to exchanges from a treasury company may signal selling and add downward pressure on price.
#BTC
Source: PANews
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