Post
Topic
Board Economics
Re: Huobi - the new trouble spot of the crypto world ?
by
ZAINmalik75
on 06/08/2023, 17:48:51 UTC
The waves of problems on Binance have not subsided, as it started with Huobi ...

Unexpected news:

This is also the case with ETH. Sun has turned them into stETH. Users think there are 141,000 ETH on the balance in Huobi, but no.

New cryptocrisis or just 1 less exchange on the market ?
That's a bad news for crypto industry, i hope things will not become bad due to this. You have made a good post here and it is really a good point which we all should keep in mind before taking entries into market. Overall, Justin Sun is also a very greedy person he did some foolish acts before which caused him to pay huge fine as punishment.

Balance that has dropped from 700$ million to $90 million only in a month is a huge alert for all of us. I hope people will not panic and will not start to withdraw there funds from this exchange because once people got panic then this exchange is gone and it will be another exchange going down but leaving some bad impact on the market and another slight or i think big dump in the market too.