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According to Odaily, on-chain data shows that between February 25 and 26, 2026, a single whale address (0x1117…2de5) intensively deposited the AI identity verification Humanity Protocol token (H) into multiple centralized exchanges. The fund flows included Bitget and another exchange. On February 25, this address first transferred 2.5 million H tokens to each of the four major exchanges mentioned above, totaling 10 million tokens, valued at $1.3 million; On February 26, the address again transferred 25 million H tokens (worth $3.25 million) to each of the four major exchanges in a short period, totaling 100 millions tokens. The total value exceeded $14.3 million. Previously, from November 2025 to mid-February 2026, two other whale addresses (0x9184…6F42 and 0xbaab…7ab2) had continuously withdrawn nearly 74.4 million H tokens from centralized exchanges to accumulate on-chain. This time, however, it was a large-scale reverse deposit of 110 millions tokens into leading exchanges.

However, the platform emphasized that users' current trading, fiat deposits and withdrawals, and other core functions are all operating normally and have not been affected by this technical issue.

This suspension is a temporary measure aimed at ensuring the security of user assets and the stable operation of the platform. The exchange stated that its technical team is actively cooperating with the Pump.fun development team to investigate the malfunction, and the time for resumption will be announced separately. Market participants pointed out that although such technical interruptions are occasional, they reflect the need to further improve technical compatibility during the integration of emerging DeFi protocols with mainstream trading platforms.