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$PUMP buyback activity continues to strengthen. Today’s daily buybacks are running around 20% higher than the same day last week, while also sitting roughly 4% above yesterday’s already elevated level. That’s an interesting trend heading into Wednesday’s unlock. If the new supply hits the market and selling remains limited, the unlock could end up being interpreted very differently from the usual “unlock = sell pressure” narrative. The first cliff unlock last month already showed how little supply was actually sold. If we see a similar outcome this time, the market may start viewing these unlocks as a non-event — or even as a potential catalyst for renewed confidence in $PUMP. The key thing I’ll be watching is simple: Buyback strength vs. actual sell-side pressure. Rehan_X Facts, Trends & Insights #Nvidia500BAIInfra