Hyperliquid bought back and burned 32,770 HYPE over the past 24 hours at an average price of $81.01, according to monitoring data from Onchain Lens. The tokens were valued at about $2.65 million at the time of the buyback and burn.
The cumulative amount of HYPE burned has now reached 48.57 million tokens. Based on the current valuation cited in the report, that total is worth about $3.82 billion and represents 4.86% of the token’s maximum supply.
The update was published by Odaily as a brief market-moving item under its whale activity coverage. No additional details on the buyback mechanism or burn address were provided in the source material.
Hyperliquid bought back and burned 32,770 HYPE over the past 24 hours at an average price of $81.01, according to Onchain Lens.
The tokens were worth about $2.65 million. Cumulative burns have now reached 48.57 million HYPE, with a current value of about $3.82 billion, equal to 4.86% of the token’s maximum supply.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
