PiCK
Humanity’s On-Chain Token Price Crashes Near Zero After Hack, Diverging by Up to 40 Times From CEXs
Uk Jin
Summary
- Humanity (H) traded at $0.005 on on-chain exchanges, down 99.26%% from a day earlier, after a hacking incident.
- At the same time, Binance perpetual futures were trading at about $0.075, or roughly 15 times the on-chain price.
- On major centralized exchanges including Bybit and Kraken, Humanity traded at up to 40 times higher than its on-chain price.
Forecast Trend Report by Period
Humanity’s token traded at dramatically different levels on on-chain and centralized exchanges after a hacking incident triggered a sharp selloff.
As of 1:50 p.m. on June 9, Binance Alpha data showed Humanity, or H, trading at $0.005, down 99.26% from a day earlier.
Prices on major centralized exchanges remained significantly higher at the same time. Humanity’s perpetual futures on Binance were trading at about $0.075, or 15 times the on-chain price. On Bybit, perpetual futures were at $0.091 and spot traded at $0.157, or 18 times and 31 times the on-chain level, respectively. On Kraken, Humanity traded at $0.20, about 40 times the on-chain price.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
