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.
HYPE-1,13%
BTC1,85%
ETH1,84%
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CounterIndicatorvip
· 12-29 12:34
Buyback again? Are you tired of this routine... --- Investing 730,000 and only getting this much, why does it feel so uneventful? --- The issue of supply compression... Wait, why is BTC still just idling here? --- Buyback = optimistic? Or the final embellishment before selling off? --- 961 million HYPE tokens, sounds like a lot, but in the whole market, it's just average. --- Constantly claiming firm commitment, why is the price still falling? --- I've seen this operation too many times; its authenticity is questionable, everyone.
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AirdropHarvestervip
· 12-28 22:36
Still burning money for buybacks, why does this routine feel so familiar? --- $730,000 spent just to reduce supply? Come on. --- Wait, HYPE is only over $24 now? Is this the right time to buy the dip? --- Buyback, buyback, every day buyback. When will it actually go up? --- This move is probably just paving the way for the main players... Those who understand, understand. --- 29,560 tokens isn't much; relative to a market cap of 961 million, it's just a drop in the bucket. --- Talking about long-term value, it's just a tactic to support the price. Don't try to fool me.
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LoneValidatorvip
· 12-26 16:56
730,000 dollars repurchased, this move is really aggressive, just not sure how long it can last
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GateUser-c802f0e8vip
· 12-26 16:32
Still spending money on buybacks, if you're so aggressive, why not just dump the market directly?
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TokenStormvip
· 12-26 16:32
$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
· 12-26 16:29
Confident in HYPE's long-term potential, continuous buybacks show that the project team is truly committed.
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