NEAR spent $1.84M in September buying back its own tokens on the market. The money came from transaction fees on-chain. The repurchased tokens aren’t burned—they’re all sitting in a multi-sig wallet, now totaling 1.33M tokens. At today’s price, the value of new tokens issued daily is $520K, but the daily buyback in September was only $60K. That ETF launched on September 29 only has $67M in net assets. In 30 days, the price doubled by 140%, while BTC only moved 8% in the same period. I’m not buying above $6. I’m betting the next move depends on the proposal to cut issuance being implemented. #NEAR #Crypto #DeFi