Depends on what period you're using!
July annualized is $1.3b.
2021-to-date annualized is probably more like $2.5b.
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Based on the calculation that the burn volume is 20% of revenue, Huobi’s revenue reached 690m in May and 520 m in April. Therefore, it was close to the highest value calculated by SBF of 1.3b/year in just two months. huobi.com/support/en-us/
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