BlockBeats news: On February 2, on-chain data shows that the Hyperliquid ecosystem's Assistance Fund has repurchased a total of 40,028,984 HYPE tokens, with a repurchase cost of approximately $890 million, accounting for about 4% of the total HYPE token supply. Currently, the total value of the fund, calculated at market price, is approximately $1.249 billion.
Hyperliquid's Assistance Fund Repurchases Over 40M HYPE Tokens Worth $890M
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Summary
According to Blockbeats, Hyperliquid's Assistance Fund has repurchased 40,028,984 HYPE tokens, valued at $890 million. The buyback accounts for approximately 4% of the total supply. The fund's current value is $1.25 billion. With the fear and greed index showing mixed signals, this move could influence cryptocurrency price movements.
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