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TechFlow reports that on March 26, according to Embers' monitoring, Movement previously announced it would use $38 million in profits from market makers' net sell orders to repurchase MOVE tokens. On-chain data shows that Movement has already repurchased 10 million MOVE tokens (worth approximately $5.44 million) on Binance and transferred these tokens back to its on-chain address five hours ago. MOVE rose from $0.43 to $0.56, an increase of 29%.
According to YuJin monitoring, Movement previously announced it would use $38 million in profits from net market maker sell orders to repurchase MOVE tokens. On-chain data shows that Movement has already repurchased 10 million MOVE tokens (worth approximately $5.44 million) on Binance and transferred these tokens back to an on-chain address five hours ago. MOVE rose from $0.43 to $0.56, a gain of 29%.
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