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Huobi net outflows crossed over 60M within the past 24 hours: Report By Cointelegraph

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Cryptocurrency exchange Huobi has seen over $94.2 million dollars in net outflows within the past week. Within the past 24 hours alone, approximately $60 million has flowed out of the exchange, according to crypto analytics company Nansen.

Nansen also reported that a significant portion of withdrawals were in (USDT), (USDC), and Ether (ETH), from wallets with high balances.