Cryptocurrency exchange Huobi has seen over $94.2 million dollars in net outflows within the past week. Within the past 24 hours alone, approximately $60 million has flowed out of the exchange, according to crypto analytics company Nansen.
U posljednja 24 sata Huobi je zabilježio značajan porast neto odliva
60.9 miliona dolara* od 94.2 miliona dolara neto odliva u protekloj sedmici dogodilo se samo proteklog dana
*Sadrži tokove Ethereum, Avalanche, BNB Chain, Fantom i Polygon pic.twitter.com/JV1Tg13QMY
— Nansen (@nansen_ai) Januar 6, 2023
Nansen also reported that a significant portion of withdrawals were in Tether (USDT), USD kovanica (USDC), i Eter (ETH), from wallets with high balances.
The significant increase in outflows from the exchange was allegedly triggered by rumors circulating on Twitter about Huobi laying off staff and shutting down internal communications amid insolvency issues.
A spokesperson for Huobi told Cointelegraph on Jan. 6 that rumors of Huobi firing as many as 40% of employees were untrue, stating, “The planned layoff ratio is about 20%, but it is not implemented now.” The layoffs are allegedly a part of ongoing restructuring following Justin Sun’s acquisition of the firm.
In response to rumors about the exchange’s financial health and layoffs, Sun claimed that the exchange’s business was in good standing and alleged that user assets were fully protected.
Despite Huobi’s denial of these rumors, many users remain skeptical about the exchange’s future due to Sun’s antics.
Huobijev vlasnik u sjeni je Justin Sun. Justin Sun je možda najneuredniji milijarder u kriptovaluti. Justin je slao milijarde dolara stabilnih coin-a širom prostora, uključujući i Binance. Nešto ogromno je u toku. Povucite sve kovanice sa neregulisanih berzi. https://t.co/zDDaNIqyl7
- Mike Alfred (@mikealfred) Januar 6, 2023
Povezano: Huobi potvrđuje 20% otpuštanja, poriče glasine o nesolventnosti
In October 2022, Huobi founder and majority shareholder Leon Li sold his entire stake in the exchange to a company linked to Sun. After the sale, several key executives at Huobi immediately left the company. It is believed that these departures were related to its reorganization efforts.
Source: https://cointelegraph.com/news/huobi-net-outflows-crossed-over-60m-within-the-past-24-hours-report