Ethereum and Tether Support to Huobi!

Huobi, which has come to the fore with the FUD and bankruptcy claims about it, has received support.

After the bankruptcy rumors, investors started withdrawing from Huobi and the liquidity in the stock market began to melt in a short time.

In the face of this shortage in liquidity, 200 million USDT and 5,000 Ethereum (ETH) worth $9 million were deposited in Huobi from one address.

Since this address was marked as belonging to Tron (TRX) founder Justin Sun, it was thought that Sun made the transfer, but the Huobi spokesperson denied the allegations that Sun made the transfer, stating that the address did not belong to Justin Sun.

Besides this transfer, exits from Huobi still continue. According to Nansen data, $92.2 million in Ethereum-based tokens came off the exchange last week. However, with the last transfer, the liquidity of the stock market has increased.

Among these claims, Huobi's native token HT continues to trade at $2.62, down 1.35% in the last 24 hours.

*Not investment advice.