Huobi seeing increased outflows to competitors according to new reliance metrics

The downfall of FTX has underscored the counter-party risks that exchanges can impose on the market. As traders and investors tread with heightened caution, there’s an evident demand for reliable metrics to evaluate the health of these platforms.

Using the FTX data set as a benchmark, Glassnode has rolled out three innovative indicators designed to pinpoint high-risk scenarios among the major exchanges: Coinbase, Binance, Huobi, and the now-defunct FTX.