Friday, July 1, 2022

Huobi says all is fine amid massive USDT exchange deposits and BTC withdrawals By Cointelegraph

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Huobi says all is fine amid massive USDT exchange deposits and BTC withdrawals

Crypto Twitter has been abuzz with speculation about a large amount of Tether (USDT) flowing into the Huobi crypto exchange. Significant amounts of (BTC) also appear to have exited the platform during the same period. The Singapore-based entity recently issued a statement claiming all is well.

“We have noticed that recent events have sparked inquiries and speculation from some users,” Huobi said earlier today, adding:

Source: TradingView.com