Injective Halts Block Production During $4.9M Hack Response
Injective (INJ)
Editor:
Eugene Serbin
Cryptocurrency.com.tr reports that Injective produced no new blocks for nearly four hours while validators deployed an emergency patch following an exploit traced to native protocol modules. The foundation described the event as an “accelerated upgrade” rather than a halt, stating that network consensus, the native token INJ, and staked assets were never at risk. Contributors coordinated the upgrade, which took longer than initially expected to complete across all validators and ecosystem infrastructure.
How the market reacted
Whalio's own Binance spot order flow for INJ, measured when this story was written up on 2 September 2026. Not the outlet's figures.
INJ is trading at $4.81 with a 1-hour buy ratio of 42.3% and a 4-hour buy ratio of 41.8%, both lower than the 24-hour buy ratio of 36.8%, indicating that buying pressure is fading relative to the daily average. The 1-hour volume delta is -$9,424 and the 4-hour volume delta is -$55,472, showing that more money is leaving the market than entering it in the short term. Over the last 24 hours, the volume delta is -$1,952,832 with a CVD close of -$474,334, confirming that sellers are dominating the flow. This negative delta means that sell volume exceeds buy volume, pushing the price down as traders exit positions.
The latest daily buy ratio of 44.2% sits at the 8th percentile of the last 281 days, against a median of 49.7% - among the weakest buying days it has had.
Was that an ordinary day?
The same Binance spot measurements for INJ, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 48.6%, compared to the current 24-hour ratio of 36.8%, a difference of 11.8 points that marks this as an unusual day for the coin. Weekly volume was 1.03x the average, suggesting trading activity is slightly elevated compared to normal days. The coin has seen a price change of -13.7% over eight days, with a total volume delta of -$3,123,979 for the period. Only 3 of the 7 days saw net buying, indicating that the recent sell-off is part of a broader weekly trend rather than an isolated event.