Post
L E V 1
$HYPE buybacks aren’t only a volume trade anymore. The first AQAv2 payout, about $14.58M of USDC reserve yield, hit the Assistance Fund at the start of October, covering yield earned since Aug 26. That’s roughly $0.4M a day, small next to perp fees, but it doesn’t care how much anyone trades.
My read into month-end: neutral. ~$82, roughly 15% under the late-September high. Watching $88 and $80. Close above $88, I turn constructive. Close below $80, I’m bearish.
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$75,834.4+0.00%
ETH/USDTEthereum
$2,239.15+0.00%
SOL/USDTSolana
$89.78+0.00%
Today’s market buzz
1#Federal Reserve officials say inflation remains the biggest risk
2#US stock AI sell-off causes Nasdaq to evaporate $2.3 trillion in a single day
3#BlackRock IBIT single-day net outflow of $405 million hits a four-month high