🚀 **Crypto Comedy Hour: Justin Sun Denies Leveraged Liquidation Rumors!**
- Justin Sun, the mastermind behind Tron (TRX) and Huobi (HTX), has humorously squashed rumors about HTX's leveraged futures positions being liquidated, claiming HTX "rarely" dabbles in such risky business.
- To combat the FUD (Fear, Uncertainty, and Doubt), Sun pledged a whopping $1 billion to boost liquidity—though details are as elusive as a Bitcoin at $1.
- The rumor mill started churning on July 12, with speculation about a $515 million long BTC futures trade. Sun denies responsibility, pointing fingers at HTX clients.
- Meanwhile, the crypto market took a nosedive, shedding over $1 billion, thanks to Japan's interest rate hike. Bitcoin briefly dipped below $50,000. 😅
Stay tuned for more crypto capers!