Movement transfers 115 million MOVE back to Binance after buyback

6 hours ago, Movement transferred 50 million previously repurchased MOVE (worth $2.51M) into Binance. Back in March, Movement was required to conduct a 38 million token buyback. They withdrew a total of 180 million MOVE from Binance to the public buyback address on-chain. This means the average buyback price was $0.21. However, after completing the buyback, they gradually transferred the MOVE back into Binance. So far, 115 million MOVE (worth $10.91M) from the buyback has been transferred back to Binance. Hmm... Address: https://intel.(arkm.com)/explorer/address/0xA14C8e3eBb2Da43d027dC2c1b7633870亿9D59cACe --------------------------------------------------------- ｜Bitget VIP, lower fees, bigger perks @EmberCN Buyback without burning = fake buyback.