HYPE price falls 5% despite $1.36B in buybacks: Can it reclaim $85?

HYPE price has fallen nearly 5% to around $81.20 over the past 24 hours despite Hyperliquid’s Assistance Fund having spent $1.36 billion buying more than 48 million tokens. Hyperliquid News reported on Oct. 13 that the Assistance Fund’s cumulative purchases…

Source: https://crypto.news/hype-price-falls-despite-1-36b-in-buybacks/