Hyperliquid conducted a buyback and burn of 130,870 HYPE tokens this week, worth approximately $7.65 million at an average price of $58.45.
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```htmlJinse Finance reports that Hyperliquid has released its weekly operations update for Friday. The data shows that, over the past seven days, the protocol's support fund cumulatively bought back and burned 130,870 HYPE tokens, with a corresponding market value of approximately $7.65 million. The weighted average transaction price for this buyback was $58.45. This week, a total of 130,870 HYPE tokens were permanently removed from the circulating supply.```
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