Data: Huobi’s 24-hour BTC net inflow is $79.1 million, and capital repatriation is accelerating

According to AIcoin, as of 15:00 on November 10, Huobi Global had a 24-hour net inflow of US$79.1 million in BTC, making it the trading platform with the largest net inflow of BTC funds.

Market analysts believe that some previous industry dynamics have triggered speculation among some users. Huobi has maintained normal platform operations, with transactions and deposits and withdrawals operating normally. Recently, as users' panic about the market environment has gradually been released, some of the funds that flowed out in the early stage are clearly accelerating their return to Huobi, and the market's willingness for funds to flow back to Huobi has been restored.

In addition, Huobi Global's advantages in risk control, liquidity, and asset accumulation are also the main reasons for the increase in net inflows during the BTC rally. According to Feixiaohao data, as of November 10, Huobi Global's 24-hour trading volume increased by 69% to $22.3 billion, ranking first in the global exchange's 24-hour trading volume.