Humanity Token Crashes 81% After Massive 200M Mint Sparks Market Panic

On-chain analytics platform Lookonchain reports that a hacker associated with Humanity Protocol minted 200 million H tokens on the BNB Smart Chain.

Following the large-scale minting, the attacker began offloading holdings, converting them into approximately 18,510 ETH (about $30.83M) and 1,548 BNB (around $924K). Despite these sales, the wallet still holds 111.36 million H tokens, valued at approximately $14M, which remain pending liquidation as market liquidity continues to thin.

Meanwhile, the H token price has dropped sharply to around $0.1322, marking an 81% decline within the past 24 hours.

Source: Lookonchain