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Olayiwola Dolapo

Humanity Protocol's H token jumps 11% as derivatives dominate volume and downside risk persists

Humanity Protocol's H token climbed 11% in the last day, driven mainly by perpetual futures activity alongside spot trading. Open interest reached $71.34 million with a positive funding rate, while spot investors made up 16.4% of the $65.26 million daily volume. Despite reduced selling and signs of bullish positioning, balanced liquidations and dense liquidity clusters below price indicate heightened downside risk for H.