💥 $HYPE BURNING $7.65M IN 7 DAYS – SCARCITY VS WHALE SELLING! 🦈
💸 Hyperliquid just repurchased and burned 130,900 HYPE tokens over the past week, averaging $58.45 per token. That’s $7.65 million removed from circulation permanently.
📊 This continuous burn creates steady scarcity pressure, but the market is also absorbing fund and whale distribution overhead. The average repurchase price of $58.45 now acts as a short-term institutional support zone—smart money has shown willingness to defend this level through direct buybacks.
💡 The burning rate is a direct window into platform revenue health. If the pace sustains, it could offset aggressive selling. 💬 Do you think the burn alone is enough to flip the tide against fund selling pressure? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #HYPE #TokenBurn #Hyperliquid #Crypto #Scarcity
🔥 💎
💸 Hyperliquid just repurchased and burned 130,900 HYPE tokens over the past week, averaging $58.45 per token. That’s $7.65 million removed from circulation permanently.
📊 This continuous burn creates steady scarcity pressure, but the market is also absorbing fund and whale distribution overhead. The average repurchase price of $58.45 now acts as a short-term institutional support zone—smart money has shown willingness to defend this level through direct buybacks.
💡 The burning rate is a direct window into platform revenue health. If the pace sustains, it could offset aggressive selling. 💬 Do you think the burn alone is enough to flip the tide against fund selling pressure? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #HYPE #TokenBurn #Hyperliquid #Crypto #Scarcity
🔥 💎