Maven 11 bought back 40,000 HYPE tokens worth $3.56 million at an average price of $89 today. The repurchase comes as the token's price declined from previous levels. The firm had sold 115,000 HYPE for $10.79 million at an average price of $93.84 just one week prior. Today's buyback represents roughly 35% of the volume sold last week at a lower entry point.