TechFlow reported, according to data monitored by Whale Alert, around 14:36 Beijing time, 20,000,000 HT (worth $57,518,904) were transferred from Huobi to a burn address.
Earlier news: On February 4, Justin Sun announced on his social media that he would burn 20 million HT worth $60 million obtained through user redemptions. After the burning process is completed, the total circulating supply of HT will be reduced to 134 million.




