Humanity [H] falls 16% despite $4.1M whale withdrawal – Why?

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Humanity [H] token dropped 15.7% in one day, breaking below the $0.10 level to trade around $0.098, erasing much of the gains recorded after the hacking incident. Trading volume fell 32% to $11.1 million while derivatives volume collapsed 43% to $70.7 million, indicating a decline in speculative activity. Open Interest also decreased 14% to $61.9 million. Whale activity remained divided: one large wallet withdrew 34.57 million H tokens worth $4.11 million from Bybit, while another deposited 2.5 million H tokens worth $295,000 to the same exchange. The RSI fell to 49 with a bearish +DI crossover at 28, suggesting the price could retest the $0.08 support level.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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