TRON’s TRX price could crash more than 16% if Huobi’s insolvency rumors and Justin Sun’s involvement are true

Huobi exchange is the latest crypto platform that has come under the watchful eye of crypto sleuths. Adam Cochran, a crypto analyst, speculated on the social media platform X how Justin Sun could be using the Huobi exchange as his personal piggy bank. He also alleged that the platform could be insolvent and urged users to get their funds out.

Huobi crypto exchange is knee-deep in alleged rumors that are harming the platform’s reputation.

The insolvency rumors could affect Justin Sun, who is a global advisor of the exchange, as well as his personal project TRON and its token TRX.

TRX price could easily slide 16% and reach $0.06375, resting below sell-side liquidity.

pls follow up

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