Huobi will burn a total of 653,000 HT in the fourth quarter of 2022, and the quarterly circulation deflation rate is 0.3%

Huobi disclosed that 653,000 HT (approximately 4.17 million USDT) were destroyed in the fourth quarter of 2022. As of January 15, 2023, a total of 296 million HTs were destroyed, and the quarterly circulation deflation rate was 0.3%. The current circulation of HT is about 160 million HT, and the current total supply is about 200 million HT.