Justin Sun Responds to HT Abnormal Volatility: Huobi Operating Normally, Only Due to Some Users Triggering Leveraged Liquidation Cascade

March 10, TuoniaoX.com news - Affected by macroeconomic news, the market plunged in the early hours today, with HT experiencing abnormal price volatility. Justin Sun, member of Huobi Global Advisory Committee, responded on social media: "Huobi exchange operations are completely normal this time - wallets normal, operations normal, backend normal. It's only because some users in spot and futures HT tokens triggered leveraged liquidation cascade phenomena. Currently, all work is proceeding steadily without any sudden incidents, merely belonging to market behavior and fluctuations."