1/@JupiterExchange's $JUP buyback has been live for about 1 quarter.
Let’s dive into how many tokens they’ve accumulated and at what prices.
2/ Over the past two months, 53M $JUP have been bought back for $27M.
Most days, buyback volume is in the hundreds of thousands, with occasional spikes into the few millions.
3/ The average JUP buyback price is around $0.51, and the current token price is about 15% below that.
4/ This buyback activity has occurred during a period of increasing DEX activity on Solana.
If on-chain activity continues to pick up, the pace of @JupiterExchange buybacks could increase accordingly.
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