Could be completely wrong, but based on observed patterns I think HSI has bought around 4.534M HYPE so far, currently valued at ~$138M. Since they were buying a lot of HYPE OTC directly from the team, they had to market-buy less. However, with the team unstaking less and larger exchange withdrawals appearing, I think they’ve ramped up buying recently.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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