Humanity Soars 138% to New $0.39 ATH — Can H Bulls Maintain Momentum?

Humanity (H) surged 138% to $0.39 after expanding into the SUI ecosystem.

Whales accumulated over 54 million tokens, signaling strong investor confidence and demand.

Futures volume soared 1022%, showing rising trader participation and bullish market sentiment.

Humanity — H, surprised many traders this week after a massive 138% price surge pushed the token to a new all-time high of $0.39. The rally drew attention across the market as trading volume jumped over 500% and market capitalization nearly doubled. The token has since cooled to around $0.34, but strong investor interest and rising on-chain activity suggest the move might not be over yet.

Humanity Expands Into the SUI Ecosystem

The sharp rally followed Humanity’s official expansion into the SUI ecosystem through a major infrastructure upgrade. The project migrated from IPFS to Walrus while forming a strategic partnership with SUI. This shift strengthened Humanity’s technology and unlocked new scalability potential. As part of the move, millions of user credentials were transferred to the SUI blockchain, creating a secure and verifiable Human ID system.

The collaboration aims to increase credentials from 10 million to 100 million by 2026, a massive leap that could attract more users and partners. Investors responded immediately. Trading data from Nansen showed large holders increasing their positions since October 22. Whales added nearly 54 million Humanity tokens in less than a week, signaling rising confidence. Net Buy volume among top holders reached almost 4 million tokens in a single day, underscoring strong accumulation trends.

Futures Market Follows the Trend

The excitement also spilled into derivatives. CoinGlass data revealed that Open Interest (OI) jumped 165% to $236 million, while Futures trading volume surged 1022% to $1.9 billion. These numbers point to growing trader participation, with many positioning for further volatility.When both OI and volume rise together, it often signals fresh capital entering the market.

Humanity’s Futures Netflow surged nearly 1800%, reflecting a clear influx of funds from speculative traders. In just three days, total Futures inflows exceeded $1.1 billion, highlighting the growing interest surrounding the token. However, not everyone held their positions. As prices neared the peak, profit takers started cashing out. Coinalyze data showed higher Sell Volume compared to Buy Volume, resulting in a negative delta of 401k. This indicates more selling pressure in the spot market.

Exchange data confirmed this trend. Humanity recorded positive Netflows for three consecutive days, peaking above $1 million before easing slightly. Rising inflows often suggest that holders are moving tokens to exchanges, possibly preparing to sell. The surge in price, volume, and on-chain activity has positioned Humanity for a possible retest of its $0.39 high. Technical indicators support that view. The Relative Strength Index (RSI) sits at 75, showing strong bullish momentum.

H8.34%
SUI-3.55%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
0/400
WealthBPersonvip
· 11-01 16:48
It should be at its peak as it needs news to drive up the coin price.
View OriginalReply0
View More
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)