Based on the latest data, the price of the HUMA token has continuously dropped from $0.025 on February 1 to $0.0132, with a drop of 45.3% over 7 days. Here is a comprehensive analysis:
Price performance analysis
Key data points:
Current price: $0.0132 (2026-02-08 10:22 UTC) 7-day drop: -45.3% (from $0.0248 to $0.0132) 24-hour trading volume: $53,441 (very low DEX trading volume)
From the price trend chart, it can be seen that HUMA began to accelerate its decline on February 4, with a single-day drop of 8.5% on February 5, followed by a continuous downward trend. The hourly chart shows a typical low liquidity unilateral downward trend, with weak buying support.
The concentration of holders is extremely high, posing structural risks:
The top two holders together hold 47.21% of the circulating supply, and this high concentration makes the price susceptible to manipulation by large holders. However, key finding: No large outflows to exchanges for selling have been detected recently (from February 1 to present). Recent large transfers occurred in 2025 (such as a transfer of 3100M HUMA from top3 to top1), but there is no evidence of recent selling.
Trading activity analysis
DEX trading volume has drastically shrunk:
24-hour DEX trading volume: $53,441; Major trading pairs: Jupiter aggregator; Small trades with no large transactions (> $500,000)
Recent DeFi activity shows that most are small arbitrage trades by bots, lacking participation from institutions or large holders. This low liquidity environment makes any sell orders likely to cause significant price declines.
Market environment factors
The plunge in the Bitcoin market is mainly due to external factors:
BTC fell from $97,000 to the range of $60,000 during the same period, a decline of over 38%; the total market capitalization of cryptocurrencies shrank by 25-30%; market panic spread (Fear & Greed Index dropped to 12, indicating extreme fear).
Although no specific negative news about HUMA has been found, as a small and medium market cap token, it typically performs worse in a bear market. The RWA (real-world assets) sector is significantly affected by the macro environment, with Federal Reserve policies and high-interest rate conditions putting pressure on credit-related protocols.
Fundamental assessment of the project
Overview of the Huma Finance project:
Type: PayFi network, RWA lending protocol; Total supply: 10 billion HUMA; Circulating supply: 2.16 billion (21.6%); Funding history: cumulative funding of $46.3 million (2023-2024).
The protocol currently lacks significant TVL and revenue data, with no records on platforms like Token Terminal, indicating limited actual business scale. The token is mainly used for governance, with a weak value capture mechanism.
Comprehensive analysis of the reasons for the decline
Market linkage effect (weight 60%): BTC's crash triggered panic across the entire market, with small and medium market cap tokens being the most affected; liquidity crisis (weight 25%): extremely low trading volume ($53,000/24h) exacerbated the decline; holder structure risk (weight 15%): the top two holders control 47% of the supply, raising concerns about potential selling pressure.
Key conclusion: The decline of HUMA is mainly due to the overall bear market and low liquidity amplification effect, rather than project-specific negative news. There is no evidence of concentrated selling by large holders or deterioration of the protocol's fundamentals.
Risk warning and outlook
Short-term risks:
If BTC continues to decline, HUMA may further test the bottom; price volatility under low liquidity conditions may intensify potential selling risks from the top two holders (although none has occurred recently).
Technical observation: The current price is approaching historical lows, and the RSI may enter the oversold region, but it is difficult to form an effective rebound without buying support. Investors should pay attention to whether BTC can stabilize around $60,000 and the overall recovery of market sentiment.