😱🚨 BREAKING: Huobi & Avenir Group Deny Involvement With Trend Research; Say They DID NOT Sell BTC or ETH During Crypto Downturn
In response to circulating claims that a major liquidation by a Hong Kong fund (including Trend Research and Garrett) triggered the recent crypto crash, both Huobi and Avenir Group / Li Lin have publicly denied the allegations:
📌 Huobi says:
👉 It did not invest in Trend Research
👉 It did not sell BTC or ETH holdings during the downturn
📌 Avenir Group / Li Lin also confirms:
👉 No investment in Trend Research
👉 No liquidation of major crypto holdings that would impact the market
These statements come after speculation spread online claiming that a large Hong Kong fund’s liquidation caused sharp market drawdowns in Bitcoin and Ethereum.
🧠 What This Means
✔ Market Rumors Debunked:
The idea that a single investor or fund liquidation caused the recent BTC/ETH drop is not supported by these denials from major players.
✔ No Forced Sell Pressure by Huobi or Avenir:
Both entities confirm no strategic selling or dumping of BTC/ETH, challenging narratives blaming them for the crash.
✔ Market Sentiment Still Weak:
Sell-offs and drawdowns are likely due to broader market liquidity conditions and positional deleveraging, not a single entity’s liquidation.
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📊 Why Traders Should Care
• False narratives can amplify fear and volatility.
• Confirmations from major institutions help clarify real causes vs misinformation.
• Markets often draw down when leverage unwinds and liquidity tightens — not necessarily due to one whale.
In short, traders should focus on on-chain and order-book data instead of rumors when interpreting big moves.
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📣 Viral & Balanced Caption
Huobi & Avenir Group deny selling BTC/ETH or investing in Trend Research. ❌
Rumor about a “Hong Kong fund crash trigger” is not confirmed. 📉
Price moves = liquidity + leverage unwinds, not one big whale sell-off. 😎
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