Metaplanet and Hut 8 Move Combined 1,966 BTC Worth $125M to External Addresses

BitcoinWorld Metaplanet and Hut 8 Move Combined 1,966 BTC Worth $125M to External Addresses Japanese investment firm Metaplanet and Bitcoin miner Hut 8 have transferred a combined 1,966 BTC, valued at approximately $125.18 million, to external addresses, according to blockchain analytics firm Arkham Intelligence.

The transfers occurred within a three-hour window, with Metaplanet moving 1,473 BTC (about $93.82 million) and Hut 8 moving 493 BTC (about $31.36 million).

Details of the Transfers Arkham data shows that Metaplanet’s transfer took place roughly one hour before the time of reporting, while Hut 8’s transfer occurred about three hours prior.

The destination addresses are external, meaning they are not directly controlled by the companies’ primary known wallets.