
Pionex removes Huobi’s market-making funds
The exchange pointed at the declining trading activity on Huobi as the reason for this decision.

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The fake Pi token reached a trading volume of $46.8 million on Huobi, becoming the most traded token on the exchange over the past 24 hours.

According to Huobi Research, Bitcoin may reach the bottom of $15000 around March 2023, which will signal the next crypto market rebound.

The Huobi exchange is set for a change of direction under new leadership with rumors of a Poloniex merge doing the rounds.

Bitcoin and Ethereum accounts for 63% of Coinbase, and 15% of Binance.

Their liabilities are evaluated as a part of an audit and are included in the proof-of-reserves.

Hbit Limited, a subsidiary of New Huo Technology, has around $18.1 million locked on FTX — $13.2 million of which belongs to customers.


