coindesk.com
“We will continue to improve the liquidity depth of main cryptocurrencies and HT token, strengthen leverage risk warnings and liquidity capabilities,” Sun tweeted.
Sun has previously disclosed that he's a major holder of HT.
HT dropped from a 24-hour-high of $4.81 to a low of $0.31 at 21:00 UTC on Huobi’s exchange, according to data from TradingView.
In October, HT rallied nearly 75% as Sun said "revitalizing Huobi is to empower HT" and promised "there will be many big moves around HT, including brand upgrade, heavy empowerment, and business cooperation."
HT is currently trading at $3.90, according to CoinGecko.
Earlier, a tweet from Nansen.ai had flagged that Sun was moving $60 million in USDT, though the ultimate destination of that was Aave, and this was unrelated to the Huobi liquidity fund.