@d12321 6 August 2023

FUD around the Huobi exchange was spread by a well-known analyst Adam Cochran. Based on the data on the volume of USDT on the balance sheet, he states that the exchange is already insolvent. At the moment, she has 10 times less funds than her obligations to clients. At the same time, the USDT balance continues to decline. Against the background of news from Justin Sun that Huobi has been unprofitable for many months, this is quite possible. The situation with their native HT token also highlights the distrust of investors. Therefore, it is advisable to reduce positions on this exchange at least to some reasonable limits.