PANews reported on January 6 that blockchain analysis company Nansen tweeted that in the past 24 hours, Huobi's net outflow has increased significantly. Huobi's net outflow in the past week was $94.2 million, and $60.9 million occurred only in the past day, including outflows from Ethereum, Avalanche, BNB chain, Fantom and Polygon. In addition, Huobi holds 81% of HT circulation (132 million out of 162 million).
Earlier today, Justin Sun said that Huobi plans to lay off 20% of its employees, which is expected to be completed in the first quarter.