Crypto-related equities dipped Friday as traders scramble to cash in their profits on the last trading day of the year. 

Crypto exchange Coinbase and business intelligence firm MicroStrategy dipped 7.4% and 5.4%, respectively, hours into Friday’s session. 

Mining companies Marathon Digital, Hut 8 Corp, and Riot Blockchain were trading lower into the double digits, with Hut 8 leading the decline at 18% lower. 

Hut 8 traders are likely cashing in on their gains; the mining company’s shares are up more than 1,500% this year. It’s been an eventful year for Hut 8, which completed its merger with US Bitcoin Corp in November. 

In what Hut 8 CEO Jamie Leverton called crypto’s…

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