Since Huobi issued an announcement on September 26 to orderly clear the deposits of Chinese users, it has been working on the implementation of the plan in many aspects. Although currency transactions and OTC transactions were postponed to around December 15, contract transactions were settled in advance.
The relevant procedures for contract liquidation are not only published on the official website, but also on the chain of Finance and Economics has made corresponding interpretations. Since the compulsory delivery, Huobi Contract has generated a new transaction target. When users in mainland China click into the contract trading interface, relevant prompts will appear.
Huobi Contract is indeed determined to clear mainland Chinese users, and at the same time, airdrop-related activities have already been cleared. According to the official website announcement, NFT, ALGO, WOO, BEL and other currencies will no longer be issued after the airdrop in November. According to the following data, the official website specifically announced the last airdrop record of the above-mentioned currencies. As for the subsequent airdrops, presumably it will not be issued again.
The number of Bitcoins held in known wallets on Huobi Exchange continues to decrease
In addition, according to the on-chain tracking data publicly available in the market, the number of According to the latest data, the known Bitcoin balance of Huobi Exchange has fallen to less than 70,000. Compared with the most recent peak, 189,800 pieces on August 26 have already disappeared by more than 60%. And this data is still expanding.
As for where the disappeared Bitcoin went, Huobi did not give an explanation. But according to Huobi’s official website, they will guarantee 100% of users’ assets. At the same time, it is less than 2 months before users in mainland China are completely cleared. Therefore, so many bitcoins that disappeared are most likely caused by user withdrawals.