Hut 8 (Hut8Corp) transferred another 1,617 BTC ($121.43M), possibly to sell
Lookonchain reports Hut 8 moved another 1,617 BTC worth about $121.43M, possibly to sell. The miner previously sold 2,148 BTC near $81,657 in October to fund share buybacks. Traders may read the transfer as added supply from a major miner.