Huobi says all is fine amid massive USDT exchange deposits and BTC withdrawals
Cointelegraph
Published Nov 02, 2020 02:36PM ET
Updated Nov 03, 2020 05:00PM ET
Crypto Twitter has been abuzz with speculation about a large amount of Tether (USDT) flowing into the Huobi crypto exchange. Significant amounts of Bitcoin (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:
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Written By: Cointelegraph
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