According to the latest data, the Hyperliquid protocol has continued token buyback operations over the past 24 hours. This buyback was completed at an average price of 24.81U, acquiring approximately 29,560 HYPE tokens, with a total investment of about $733,200. This move further reduces the circulating supply, and the current total HYPE tokens have been updated to 961 million.



Meanwhile, BTC and ETH, as the main assets in the market, continue to influence the entire crypto ecosystem with their price fluctuations. The ongoing execution of the buyback mechanism reflects the project's firm commitment to long-term value.
HYPE3,68%
BTC-1,63%
ETH-1,32%
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LoneValidatorvip
· 12h ago
730,000 dollars repurchased, this move is really aggressive, just not sure how long it can last
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GateUser-c802f0e8vip
· 13h ago
Still spending money on buybacks, if you're so aggressive, why not just dump the market directly?
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TokenStormvip
· 13h ago
$730,000 buyback? On-chain data shows that this amount can't really move anything, but since the project team is so persistent in reducing supply, I actually want to see if there will be any surprises later on. Buyback ≠ breaking out of the circle; it depends on the trading volume follow-up, otherwise it's just self-promotion. A single dip in BTC drags the entire ecosystem down with it. No matter how much hype there is, buybacks can't save this overall environment. That's the real risk factor. Honestly, I am a bit tempted at the $24.81 level, but I am already scared of getting liquidated... Disclaimer, everyone.
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GateUser-1a2ed0b9vip
· 13h ago
Confident in HYPE's long-term potential, continuous buybacks show that the project team is truly committed.
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