Ciara Sun, VP of Huobi, has taken aim at Binance on Twitter for distorting data on CoinMarketCap. She claims that the exchange is leveraging its recently-acquired CoinMarketCap to give itself an unfair advantage.
In a tweet, she said that institutional trading volume grew by 128% between Q4 2019 and Q1 2020. She also claims that Huobi has far greater deposit volume than Binance. Yet none of this is reflected in the new CoinMarketCap rankings.
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Anton Lucian
Raised in the U.S, Lucian graduated with a BA in economic history. An accomplished freelance journalist, he specializes in writing about the cryptocurrency space and the digital '4th industrial revolution' we find ourselves in.
Raised in the U.S, Lucian graduated with a BA in economic history. An accomplished freelance journalist, he specializes in writing about the cryptocurrency space and the digital '4th industrial revolution' we find ourselves in.
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