Crypto exchange Huobi saw $94.2 million in net outflows over the last seven days –$60 million (63.8%) of the outflows were recorded in the previous 24 hours — according to Nansen data.

DeFillama’s data shows that the exchange’s outflow in the last 24 hours had exceeded $70 million as of press time. The data shows that the exchange saw significant inflows of  $87.9 million on Dec. 15 and $46.04 million on Dec. 28 –since then, the firm has recorded outflows exceeding $200 million.

(by Oluwapelumi Adejumo)