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Large Crypto Transactions From Huobi Have Sparked Rumors In The Crypto Community
Summary: Huboi crypto exchange has seen a large inflow of USDT while significant amounts of BTC have left the platform over the same period, causing crypto commentators to speculate. Huboi released a statement responding to the uptick in inquiries writing that the exchange is operating normally, funds are safe and all of the exchange's features are ...
Huboi crypto exchange has seen a large inflow of USDT while significant amounts of BTC have left the platform over the same period, causing crypto commentators to speculate.
Huboi released a statement responding to the uptick in inquiries writing that the exchange is operating normally, funds are safe and all of the exchange's features are fully functional.
Popular crypto tracing Twitter account Whale Alert reported that 400 million USDT had been sent to Huobi, most of it coming from Bitfinex. Earlier in the day, a number of transactions totaling near 100 million USDT were transferred from Huobi to Bitfinex.
Rumors began swirling on Twitter that Chinese officials had detained one of Huobi's top executives. However, the exchange denied them.
By Emily Mason
Tags: BTC,Crypto Exchange,Huobi,Stablecoins,USDT
Link: Large Crypto Transactions From Huobi Have Sparked Rumors In The Crypto Community [Copy]
