Huobi disclosed information about reserves
Cryptocurrency exchange Huobi shared information about the balances of hot and cold wallets. The estimated value of the platform's reserves was $3.5 billion.
As of November 12, 2022, the exchange held on its balance sheet, including:
- More than 191 million Huobi Token (HT) tokens of its own
- 9.7 billion TRX
- 820 million USDT
- 274,000 ETH
- 32,000 BTC
The company promised to publish such reports on a regular basis. According to the statement, the exchange also hired an outside firm to conduct an additional audit of the reserves.