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Huobi takes $64M hit in outflows over the weekend: here’s why
- Huobi’s TVL has dropped from $3 billion to $2.5 billion in a month.
- Huobi has been facing regulatory issues in China.
- There are also suspicions that Huobi might not be holding as much Tether (USDT) as it claims.
August 7, 2023