Spark has transferred 414k USDS to the buyback address, marking the start of the second month of SPK buybacks.

CycleProphet · 2026-04-07T01:07:18+00:00

Deep Tide TechFlow News, April 7th, according to on-chain analyst Ember (@EmberCN) monitoring, Spark has transferred 414k USDS to the buyback address, officially starting the second month of the SPK buyback. In the first month, a total of 572k USDS was spent to repurchase 26.66 million SPK, at an average price of approximately $0.0215, accounting for about 1% of the current circulating supply. Based on this pace, if the buyback plan continues for 12 months, the total annual buyback could reach 12% of the circulating supply.

CycleProphet

2026-04-07 01:07:18

Deep Tide TechFlow message, April 07, according to on-chain analyst Yu Jin (@EmberCN) monitoring, Spark has transferred 414k USDS to the buyback address, officially kicking off the second month of SPK buybacks. In the first month, a total of 572k USDS was spent to buy back 26.66 million SPK, with an average price of about $0.0215, accounting for roughly 1% of the current circulating supply. Estimated at this pace, if the buyback plan continues for 12 months, the full-year cumulative buyback volume could reach 12% of the circulating supply.

SPK0.44%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes