TechFlow reports that in response to user fund losses caused by the abnormal fluctuation of HT, Sun Yuchen, member of Huobi Global's Advisory Committee, stated that the Huobi platform will fully bear all leveraged liquidation losses resulting from market volatility of HT. He posted: "We sincerely apologize for the market impact caused by leveraged liquidations of a small number of users. To further enhance multi-token liquidity on the Huobi platform, we will allocate $100 million to establish a liquidity fund to continuously improve mainstream coin and HT liquidity depth, strengthen margin trading warnings and liquidity capabilities. We will keep the community updated on further developments regarding this incident."
Add to Favorites
Share to Social Media
