Analysis: Raydium repurchased more than 1.6 million RAY in a single day, and more than 10% of the supply was accumulated through repurchase

Odaily News On-chain analyst Sharples wrote on X: "Raydium has just set a record for the highest single-day buyback ever. More than 1.6 million RAYs were bought and transferred, and a total of more than 55 million RAYs were accumulated through buybacks. This accounts for more than 10% of the total supply of RAY, which was accumulated through buybacks alone."