Humanity Plummets 16% After Whale Withdrawal Fails to Offset Weakness

Humanity (H) plummeted 16% despite a $4.1 million whale withdrawal, leaving its price at around $0.098.

This decline comes after the altcoin breached $0.10 and fell to a low of $0.09, erasing some of its gains recorded after the hacking incident.

The rebound that occurred four days ago, where H rallied to a monthly high of $0.169 amid whale accumulation, proved short-lived as sellers regained control.

According to CoinGlass, Derivatives Volume plunged 43% to $70.7 million, while Open Interest dropped 14% to $61.9 million, suggesting that speculative participation had faded and intensified Humanity's weakness.