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Crypto exchange HTX posts $98 million profit in Q3 2023, says owner Justin Sun

Justin Sun, the Chinese blockchain personality and de facto owner of crypto exchange HTX, has announced that the firm made a profit of $98 million in Q3 2023. Sun stated that HTX generated $202 million in revenues during the quarter, offset by $104 million in expenses. Sun predicts that HTX will generate $190 million in revenue and $88 million in expenditure in Q4 2023, resulting in an estimated profit of $104 million. Despite staff reductions and falling revenues earlier in the year, Sun remains optimistic about the future of the crypto market.

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