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Huobi Sees $61 Million Net Outflows In A Day, Justin Sun Says FUD

Huobi Global sees $60.9 million worth net outflows in just one day. The withdrawals surged after unconfirmed reports of Huobi laying off employees surfaced on social media. Today, Justin Sun confirmed that Huobi will be laying off 20% of its staff.

Top withdrawals from Huobi are mainly in USDT, USDC, ETH from wallets with high balances.

(By Jai Pratap)

Tether USDt Tether USDt $1.00
-0.02%
FUD Justin Sun
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