A wallet linked to Bitcoin treasury company Hut 8 has deposited 1,589 BTC, valued at approximately $130 million, to multiple exchanges over the past two days. The transfers suggest the company may be preparing to sell a portion of its cryptocurrency holdings. Hut 8 currently holds 10,278 BTC worth $845.6 million. The recent exchange deposits represent roughly 15% of the company's total Bitcoin treasury, marking a significant movement of funds to trading platforms.