News Explorer — Crypto Whale Makes Massive Huobi Deposit, Increasing USDT Supply to 273 Million

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Aug 8, 5:54 am

Coindesk

Crypto Whale Makes Massive Huobi Deposit, Increasing USDT Supply to 273 Million

On-chain data ahows that a whale has made significant deposits into Huobi, increasing the exchange's holdings of USDT and Ethereum. The whale transferred 200 million USDT and 5,000 ETH to Huobi, boosting the exchnage's supply of USDT to 273 million. Despite rumors of Huobi executives being detained in China, a spokesperson has denied these claims.

On-chain data ahows that a whale has made significant deposits into Huobi, increasing the exchange's holdings of USDT and Ethereum. The whale transferred 200 million USDT and 5,000 ETH to Huobi, boosting the exchnage's supply of USDT to 273 million. Despite rumors of Huobi executives being detained in China, a spokesperson has denied these claims.

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