The whale tracking platform Whale Alert shared on X today that a substantial amount of Huobi Token (HT) was sent to the HTX exchange, formerly known as Huobi. According to the post, 60,005,287 HT, worth $177,900,201, was transferred from the Heco Chain.
Meanwhile, over the past 24 hours, HT’s price has dropped 1.57%. The altcoin was changing hands at $2.96 at press time.
This negative daily performance pushed HT’s performance over the past 7 days deeper into the red zone as well. Consequently, the altcoin’s price was down 3.68% in the weekly time frame.
The transfer took place just 24 hours after the cryptocurrency exchange HTX and the blockchain protocol Heco Chain were hacked for a cumulative $97…