COINOTAG News reports that on December 8, the ether.fi Foundation disclosed a weekend buyback funded with USDT, repurchasing ETHFI tokens totaling 367,674.76 ETHFI. The operation elevates the protocol’s cumulative buybacks to $11,771,993, underscoring disciplined capital management within the ether.fi ecosystem.
As of the update, ETHFI traded around $0.825, delivering a 24-hour gain of 3.78%, with the protocol’s market value near $640 million. The development highlights ongoing liquidity dynamics and investor interest in the ETHFI token.
Source: https://en.coinotag.com/breakingnews/ether-fi-foundation-spends-300k-to-buy-back-367674-76-ethfi-lifts-total-buybacks-to-11-77m
