Foresight News reported that according to Ember Monitoring, MyShell's buyback program has been in execution for 4 days, and has currently repurchased 18.45 million SHELL tokens, worth approximately $5.43 million, with an additional $2.57 million in funds awaiting subsequent buybacks.
Previously, MyShell (SHELL) had planned to use the $8 million obtained by market makers in SHELL trading to repurchase SHELL tokens within 90 days, following the market maker incident at the beginning of the month.