Huobi Token

<ul><li>Huobi Global HT flash fell from $4.9375 to about $0.313.</li><li>Data shows a $2M transaction was registered a few minutes before the crash.</li><li>Huobi token’s 24-hour trading volume is up by over 333%.</li></ul>According to a screenshot shared by a Twitter crypto influencer on Thursday, the native token of the Chinese <a href="https://coinedition.com/tag/huobi-global/" rel="noopener noreferrer nofollow">Huobi Global exchange</a>, HT, flash fell by 93% from a daily high of $4.9375 to about $0.313. The development stirred the crypto community with fear, uncertainty, and doubt, given that the Chinese asset manager has a recent history of instability with the USDD stablecoin. According to a tweet by Kaiko, an institutional-grade <a href="https://coinedition.com/market/" rel="noopener noreferrer nofollow">crypto market</a> tracker, five minutes before the collapse, transactions of $2 million were registered, which was much more than the typical $600,000 purchases on the HT/USDT pair. coin rebounded by over 1084% in ten minutes to $3.0954.<a href="https://coinedition.com/huobi-token-drops-by-93-only-rise-by-1084-ten-minutes-later/" rel="noopener noreferrer nofollow">See the Original CoinEdition</a>

Huobi Token Drops by 93% only Rise by 1,084% Ten Minutes Later

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