Humanity Whales Transfer Stirs Market Attention as Price Holds Firm
A significant transfer of 67.08 million Humanity [H] tokens worth approximately $4.24 million to Bybit has raised concerns about additional supply entering the market.
The transfer took place as Humanity continued to recover from recent lows, making it a notable event for traders.
Despite the large inflow, price held firm instead of breaking down, suggesting buyers absorbed the development without losing confidence.
Binance's top traders maintained a bullish stance, with 58.49% of top accounts remaining long compared to 41.51% holding short positions.