Hut 8 transfers out another 1,617 BTC worth approximately $121 million.
TechFlow reports that on November 10, based on Lookonchain data, Bitcoin mining company Hut 8 once again transferred out 1,617 BTC approximately two hours ago, valued at roughly $121.43 million. The related assets may be intended for sale, but their specific purpose has not yet been confirmed.Previously, in October, Hut 8 sold 2,148 BTC at an average price of around $81,657, totaling approximately $175.4 million, to support its stock buyback program.
TechFlow reports that on November 10, based on Lookonchain data, Bitcoin mining company Hut 8 once again transferred out 1,617 BTC approximately two hours ago, valued at roughly $121.43 million. The related assets may be intended for sale, but their specific purpose has not yet been confirmed.
Previously, in October, Hut 8 sold 2,148 BTC at an average price of around $81,657, totaling approximately $175.4 million, to support its stock buyback program.
