$HYPE Yesterday's daily income hit a record high:

Spot Income: 7.48 million USD

Contract Income: 6.96 million USD

All set historical highs.

On the same day, the project team repurchased over 8 million USD of Hype. On-chain, the largest single purchase directly swept 920 thousand USD, and the address is an old address that has previously participated in several large transactions of Hype.

The source of the repurchase funds can basically be confirmed to be protocol income directly transferred to the repurchase wallet, then sold off in batches without going through over-the-counter routes.

Although the number of people playing DEX in China is not very high, the on-chain data shows that there were over 50 buy orders of 50 thousand USD each in a single day, indicating that this wave is genuine investment, not just data manipulation. If this income + repurchase rhythm is maintained, the price elasticity will be terrifying.