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Founded in 2013, HTX is the world's leading virtual asset trading platform. It has expanded into the upstream and downstream sectors of the industry, such as blockchain, public chain, digital asset trading and wallet, digital economy research, etc. Huobi Group has established a global industry ecosystem for the digital economy.
Sun Yuchen withdrew 93.41 million USDT from the Spack deposit pool and deposited them into HTX.
According to on-chain analyst Ai Aunt (@ai9684xtpa), Sun Yuchen has withdrawn all 93.41 million USDT from the Spack USDT deposit pool. This amount previously accounted for 9.89% of the USDT single-pool deposit TVL and was fully deposited into HTX within the past half hour. Notably, Sun Yuchen also withdrew 10,417 USDC.
HTX DeepThink: Rate Cut Expectations Delayed to Post-September, Cryptocurrency Market Structure Divergence Intensifies
Chloe (@ChloeTalk1), a columnist for HTX DeepThink and researcher at HTX Research, analyzes that the current macro framework for the crypto market has shifted from “liquidity trades awaiting rate cuts” to a constraining environment characterized by “higher-for-longer interest rates + sticky inflation + war-related shocks.” According to the latest Reuters survey, most economists have pushed back their expectations for rate cuts to after September, with nearly one-third believing no cuts will occur this year. The primary reason is that the Middle East conflict has driven up energy prices, pushing inflation trajectories higher once again and thereby constraining the Federal Reserve’s policy space. This shift directly undermines the two key narratives previously supporting crypto assets: expectations of liquidity easing and a declining interest-rate path. Elevated oil prices, coupled with consecutive upward revisions to PCE inflation expectations, increase the likelihood that interest rates will remain high—or even extend their elevated period—leading to a higher discount rate and shrinking risk budgets. As a result, marginal capital inflows into the crypto market are diminishing, and high-volatility assets broadly face mounting pressure.
Justin Sun deposited 120 million SPK tokens into HTX, worth $5.51 million
according to on-chain analyst Ai Yi's monitoring, over the past hour, Justin Sun (0x939...A1D1) withdrew a total of 120 million SPK tokens, claiming from both the SPK airdrop and Staking reward contracts, and subsequently deposited them into HTX, worth $5.51 million.
A whale withdrew approximately 387,000 TRUMP tokens from OKX, worth $1.11 million.
According to Arkham’s monitoring data, a whale attempted to withdraw 387,174 TRUMP tokens—worth approximately $1.11 million—from OKX 15 minutes ago. Four months ago, the same whale withdrew 920,001 TRUMP tokens from HTX. The whale currently holds over 1.307 million TRUMP tokens, valued at approximately $3.74 million.
Analyst: Spark's USDC Deposit Pool TVL Currently Stands at $467 Million, Justin Sun's Funds Account for Nearly 22.5%
Odaily News According to on-chain analyst Ai Yi's monitoring, Justin Sun withdrew another 50 million USDC from HTX last night. This means that over the past 8 hours, he has cumulatively deposited 105 million USDC into Spark. Combined with the previously deposited 53,665 ETH, the total value amounts to a staggering $174 million. Spark's USDC deposit pool TVL currently stands at $467 million, with Justin Sun's funds alone accounting for nearly 22.5%.
Sun Yuchen Deposits Another $55.01 Million USDC into Spark, Bringing Total Deposits to $179 Million
According to on-chain analyst Ai Aunt (@ai9684xtpa), Sun Yuchen withdrew 55.01 million USDC from HTX and subsequently deposited them into Spark. Since Aave was suspected of incurring bad debt, he has cumulatively deposited $179 million worth of funds into Spark.
HTX Launches “Spring Travel Season” Trading Contest—Trade Designated Hot Tokens to Share a $50,000 Prize Pool
According to the official announcement, HTX has launched the “Spring Travel Season” trading competition. From now until May 9 at 18:00 (UTC+8), users who register and participate in spot trading of BTC, ETH, SOL, XMR, or LTC—or USDT-denominated perpetual contracts of DOGE, PEPE, XAG, TRUMP, or XMR—and complete designated tasks will accumulate “Miles.” Prizes totaling $50,000 will be distributed among participants based on their Mile rankings. Additionally, users who fulfill both the spot holding requirements and complete daily contract trading check-ins for the entire duration will qualify for a lottery draw, sharing an extra $1,500 prize pool.
HTX has launched perpetual contracts for MEGA and AIGENSYN and initiated the Contract Trading Party.
According to the official announcement, HTX (formerly Huobi) has launched MEGA/USDT and AIGENSYN/USDT perpetual contracts on April 30, with a maximum leverage of 20x for both. Concurrently, HTX is hosting a MEGA & AIGENSYN Contract Trading Party from 15:00 on April 30 to 15:00 on May 7 (UTC+8), with a total prize pool of $20,000. During the event, users who register and trade MEGA/USDT and AIGENSYN/USDT perpetual contracts—achieving a cumulative effective trading volume of ≥$5,000—will share the prize pool based on their trading volume ranking. Additionally, new contract traders will receive exclusive benefits upon completing trades in MEGA/USDT and AIGENSYN/USDT perpetual contracts.
HTX will jointly launch MEGA (MegaETH) today at 7:00 PM, and deposit services are now open.
According to the HTX announcement, HTX has enabled MEGA deposits as of April 30 at 12:00 PM (GMT+8). MEGA/USDT spot trading and grid trading will go live on April 30 at 7:00 PM (GMT+8). MEGA withdrawals will be enabled on May 1 at 7:00 PM (GMT+8). $MEGA is a recently popular Layer 2 token. MegaETH is an Ethereum-based real-time execution layer that achieves high throughput and low latency through node specialization. Its network architecture employs a single active sequencer for transaction ordering and separates execution from verification via a “stateless verification” mechanism.
B.AI Partners with HTX DAO to Build Infrastructure for the AI Agent Era
According to an official announcement, B.AI has officially entered into a strategic partnership with HTX DAO to jointly build a new paradigm covering the entire AI and Web3 domains. B.AI is committed to becoming the foundational financial infrastructure for the AI Agent era; this collaboration will leverage HTX DAO’s decentralized governance ecosystem and accelerate the arrival of Artificial General Intelligence (AGI) through a more open and composable on-chain architecture. Moving forward, the two parties will explore areas including autonomous intelligent agent networks and on-chain intelligent services, driving the on-chain implementation of the intelligent economic layer.
HTX will list RAIN at 8:00 PM today and simultaneously launch isolated margin leveraged trading for the RAIN/USDT (10x) pair.
The cryptocurrency margin trading service will introduce RAIN/USDT (10x) isolated margin trading on April 29 at 20:00 (GMT+8). Rain is a fully decentralized prediction market protocol built on Arbitrum, offering cross-chain support. Positioned as the “Uniswap of prediction markets,” it provides a permissionless framework enabling anyone to create and trade custom markets without restrictions.
HTX will list GENIUS (Genius) tomorrow at 3:00 PM.
According to the HTX announcement, HTX will enable GENIUS deposits starting at 15:00 (GMT+8) on April 29. GENIUS/USDT spot and grid trading will go live at 15:00 (GMT+8) on April 30. GENIUS withdrawals will be enabled at 15:00 (GMT+8) on May 1. Genius Terminal is the first private, ultimate on-chain terminal. It represents the next evolutionary step following aggregators, intents, cross-chain bridges, and wallet extensions—a trading operating system (OS) designed specifically for professional users, catering to those who seek DeFi functionality but dislike its complex user interactions.
Related news
HTX Launches “Spring Travel Season” Trading Contest—Trade Designated Hot Tokens to Share a $50,000 Prize Pool
According to the official announcement, HTX has launched the “Spring Travel Season” trading competition. From now until May 9 at 18:00 (UTC+8), users who register and participate in spot trading of BTC, ETH, SOL, XMR, or LTC—or USDT-denominated perpetual contracts of DOGE, PEPE, XAG, TRUMP, or XMR—and complete designated tasks will accumulate “Miles.” Prizes totaling $50,000 will be distributed among participants based on their Mile rankings. Additionally, users who fulfill both the spot holding requirements and complete daily contract trading check-ins for the entire duration will qualify for a lottery draw, sharing an extra $1,500 prize pool.
HTX has launched perpetual contracts for MEGA and AIGENSYN and initiated the Contract Trading Party.
According to the official announcement, HTX (formerly Huobi) has launched MEGA/USDT and AIGENSYN/USDT perpetual contracts on April 30, with a maximum leverage of 20x for both. Concurrently, HTX is hosting a MEGA & AIGENSYN Contract Trading Party from 15:00 on April 30 to 15:00 on May 7 (UTC+8), with a total prize pool of $20,000. During the event, users who register and trade MEGA/USDT and AIGENSYN/USDT perpetual contracts—achieving a cumulative effective trading volume of ≥$5,000—will share the prize pool based on their trading volume ranking. Additionally, new contract traders will receive exclusive benefits upon completing trades in MEGA/USDT and AIGENSYN/USDT perpetual contracts.
HTX will jointly launch MEGA (MegaETH) today at 7:00 PM, and deposit services are now open.
According to the HTX announcement, HTX has enabled MEGA deposits as of April 30 at 12:00 PM (GMT+8). MEGA/USDT spot trading and grid trading will go live on April 30 at 7:00 PM (GMT+8). MEGA withdrawals will be enabled on May 1 at 7:00 PM (GMT+8). $MEGA is a recently popular Layer 2 token. MegaETH is an Ethereum-based real-time execution layer that achieves high throughput and low latency through node specialization. Its network architecture employs a single active sequencer for transaction ordering and separates execution from verification via a “stateless verification” mechanism.
HTX Launches May Day Golden Week Leveraged Trading Competition—Join to Share a $30,000 USDT Prize Pool
According to the official announcement, HTX has launched its sixth leveraged trading competition, with a total prize pool of up to $30,000 USDT. From 18:00 on April 29 to 18:00 on May 7 (UTC+8), new users who complete their first leveraged trade will receive a $50 USDT leveraged trading interest coupon—limited to the first 200 participants on a first-come, first-served basis. Additionally, users whose total leveraged trading volume reaches or exceeds $1,000 USDT during the event period will receive a 5%–20% trading fee rebate. Leveraged trades in BTC, ETH, TRX, DOGE, SOL, XRP, and LTC will count triple toward the total trading volume. Users can participate by clicking “Register Now” on the campaign page.
Sun Yuchen withdrew 93.41 million USDT from the Spack deposit pool and deposited them into HTX.
According to on-chain analyst Ai Aunt (@ai9684xtpa), Sun Yuchen has withdrawn all 93.41 million USDT from the Spack USDT deposit pool. This amount previously accounted for 9.89% of the USDT single-pool deposit TVL and was fully deposited into HTX within the past half hour. Notably, Sun Yuchen also withdrew 10,417 USDC.
B.AI Partners with HTX DAO to Build Infrastructure for the AI Agent Era
According to an official announcement, B.AI has officially entered into a strategic partnership with HTX DAO to jointly build a new paradigm covering the entire AI and Web3 domains. B.AI is committed to becoming the foundational financial infrastructure for the AI Agent era; this collaboration will leverage HTX DAO’s decentralized governance ecosystem and accelerate the arrival of Artificial General Intelligence (AGI) through a more open and composable on-chain architecture. Moving forward, the two parties will explore areas including autonomous intelligent agent networks and on-chain intelligent services, driving the on-chain implementation of the intelligent economic layer.