# Buyback

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This afternoon’s on-chain flow for $ASTER reveals a clear shift in momentum. A new wallet withdrew 668,000 ASTER from Binance, completing a 3-day accumulation of 2 million tokens at an average price of $1.03.
What’s more striking — Abraxas Capital, once the largest short seller, flipped long at the same price yesterday. Their new position is already up 30%, while their main account, with an entry at $0.91, now holds a 61% unrealized gain.
On the official side, the daily buyback plan launched on October 28 continues strong. So far, 25.5M ASTER have been repurchased for $29.15M, averaging 2.76M

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A1is

11-14 12:49

Magic Eden Allocates 30% of Marketplace Revenue to Token and NFT Buybacks 🔥
Magic Eden ($ME) has announced an immediate buyback program allocating 30% of all secondary marketplace revenue. The initiative will split funds equally between onchain $ME token buybacks and NFT acquisitions from supported collections.
The buyback structure includes:
• 15% for permanent $ME token removal from circulation
• 15% for purchasing NFTs, beginning with Solana-based collections
• Plans to expand the program across all supported chains in coming weeks
The $ME tokens acquired will be sent to a publicly visible

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12-14 14:11

Pyth Network Initiates Monthly Token Buyback Program, Tying Value to Ecosystem Growth 📈
Pyth Network has launched the "PYTH Reserve," a monthly token buyback program that will utilize 33% of its DAO treasury balance to purchase $PYTH tokens on the open market. The initiative is funded by protocol revenue, with the first buyback this month estimated between $100,000 and $200,000.
The program begins as Pyth reports growing traction, noting that its Pyth Pro data product surpassed $1 million in Annual Recurring Revenue (ARR) within its first month. The buyback mechanism is designed to more close

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12-02 12:14

Aster Accelerates Stage 4 Token Buyback to December 2nd Amid Market Volatility 📈
The Aster ($ASTER) team has announced it is bringing forward the start date for its Stage 4 token buyback program by eight days. The buybacks will now commence on December 2nd, instead of the originally scheduled December 10th.
The decision was made to better support $ASTER token holders during the current volatile market conditions. All other buyback parameters remain unchanged. The wallet address and operational details for the buyback execution will be disclosed after the completion of the first day of the pro

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A1is

11-01 12:33

EtherFi Proposes $50M Token Buyback Program to Support $ETHFI Price 📊
EtherFi ($ETHFI) has initiated a governance vote to authorize a $50 million token buyback from its treasury. The program would activate when $ETHFI trades below $3, aiming to enhance market liquidity and stability.
This proposal continues the foundation's previous buyback initiatives, all approved through community governance. The mechanism is designed to align long-term tokenholder interests with protocol treasury management.
EtherFi ($ETHFI) is a leading liquid restaking protocol that provides liquidity for staked Ethereu

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CReporter

2023-06-29 02:20

$XRP$#Buyback What are the implications of a hypothetical buyback? If the rumor had been accurate, lower the supply of tokens available on the market, as a result the value of the tokens increases. While demand remains the same or grows the price often rises. 📈