TechFlow news, November 21 — according to analyst Yu Jin's monitoring, Movement transferred 50 million repurchased MOVE tokens (approximately $2.51 million) to Binance six hours ago. Movement was previously required in March to conduct a token buyback worth $38 million, after which they withdrew 180 million MOVE tokens from Binance to a public on-chain address for the buyback, at an average price of about $0.21. However, after completing the buyback, they gradually transferred the repurchased MOVE tokens back to Binance. So far, 115 million of these repurchased MOVE tokens (approximately $10.91 million) have been sent back to Binance.
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