🔓 HYPE: the buyback vs the unlock. Unlocked: 81.9M Bought back: 11.9M That is 15%. A 7:1 ratio. And the absorption is fading: Nov 25 → 19% Jan 26 → 17% Mar 26 → 13% Jun 26 → 9% Jul 26 → 6% Same 9.92M unlocks every month. The bid behind it keeps getting smaller. Are you still pricing the buyback as supply support? Full breakdown: https://pro.tokenomist.ai/hype-emission-buyback #TokenUnlock #Tokenomics #HYPE(Tokenomist)