Huobi Token Tanks 93% in Minutes, Justin Sun Blames Liquidations and ‘Market Behavior’
Those are not reasons, they are just the effects.
There have been some strange happenings with the Huobi token recently. In the early hours of March 10, HT flash crashed from around $4.70 to close to below $0.40 in a matter of minutes.
Flash crashes are usually signs of intent, such as taking advantage of dreadful liquidity or algorithmic issues.
Who are those "few users"?
could just be a typical owner scam - short your own token on another platform, then fake dump, collect the short profits, then move price up again. tada!
trustless
WMD
weapons of money destruction