AVAX One has repurchased 2.4 million shares as part of its $40 million buyback program, signaling confidence in its long-term strategy. CEO Jolie Kahn emphasized the disciplined capital deployment behind the move, which is expected to bolster investor sentiment and highlight the broader ecosystem. Market data indicates rising Open Interest in AVAX, suggesting increased institutional participation. This trend is supported by significant whale activity, with large investors accumulating more orders in both Spot and Futures markets. Such strategic positioning points to potential bullish momentum, although AVAX remains below its exponential moving average and key resistance levels.