According to @lookonchain, the Assistance Fund address (0xfefefefefefefefefefefefefefefefefefefefe) has conducted an onchain buyback exceeding $1 billion, resulting in an unrealized gain of over $680 million. This is reportedly the largest onchain buyback and support bid for a crypto asset, apart from Michael Saylor’s well-documented Bitcoin (BTC) acquisitions. This massive buyback demonstrates significant market support and could influence both short-term price stability and long-term investor confidence in the associated crypto token. Onchain data suggests this move may set new benchmarks for institutional-scale support in digital assets, highlighting increased adoption and strategic positioning within the crypto market (Source: @lookonchain, Etherscan).

According to @ThinkingUSD, The Assistance Fund has accumulated over 20,400,000 spot tokens valued at $344 million, representing 6.1% of the supply since TGE. This strategic position has resulted in an unrealized profit of over $102 million, presenting lucrative trading insights for investors tracking high-volume market moves.