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$HYPE HYPE protocol completed a buyback operation in the past 24 hours at an average price of 26.10U, accumulating approximately 88,650 tokens, worth up to 2.31 million USD. This move clearly signals a bullish outlook.
Interestingly, on-chain monitoring data shows that a leading institution withdrew 19.2K HYPE from an exchange yesterday, valued at about 500,000 USD. This operation is quite intriguing—at a conference last year, this institution publicly claimed that HYPE had a 126-fold growth potential, and subsequently, they precisely timed the top and exited completely. Now, they are making a comeback with a clear intention to build positions, seemingly looking to pick up bargains.
Looking back at history,
The last time HYPE’s single-day profit exceeded 3 million USD, the token price was above 40U. The current round of buybacks and large institutional holdings are fueling bullish sentiment. The market rhythm warrants ongoing attention.