🔓 HUMA’S EARLY LIQUIDITY WALLET HACKED, 12 MILLION HUMA SOLD
💰 Early liquidity wallet hacked
A Huma co-founder confirmed that the wallet of an early liquidity provider was hacked, resulting in approximately 12 million HUMA received from an airdrop being sold, worth nearly $100,000 at current prices. This explains HUMA’s steeper-than-expected decline recently.
📊 Open interest nearly doubles
HUMA’s open interest rose from around 620 million to 1.1 billion tokens, while perpetual futures trading volume was 7 to 10 times higher than spot volume and funding rates remained negative. HUMA is trading around 0.0083 USDT, down 4.19% over the past 24 hours.
🌤️ The hack has been clarified, and the Huma team confirmed that the fund will not sell HUMA during the upcoming unlock. However, negative funding rates and a sharp rise in open interest indicate that sellers still have the upper hand in the derivatives market.
$HUMA
💰 Early liquidity wallet hacked
A Huma co-founder confirmed that the wallet of an early liquidity provider was hacked, resulting in approximately 12 million HUMA received from an airdrop being sold, worth nearly $100,000 at current prices. This explains HUMA’s steeper-than-expected decline recently.
📊 Open interest nearly doubles
HUMA’s open interest rose from around 620 million to 1.1 billion tokens, while perpetual futures trading volume was 7 to 10 times higher than spot volume and funding rates remained negative. HUMA is trading around 0.0083 USDT, down 4.19% over the past 24 hours.
🌤️ The hack has been clarified, and the Huma team confirmed that the fund will not sell HUMA during the upcoming unlock. However, negative funding rates and a sharp rise in open interest indicate that sellers still have the upper hand in the derivatives market.
$HUMA
