according to on-chain analyst Yu Jin monitoring, Movement announced yesterday that it will use the $38 million in profits from net sales by market makers to repurchase MOVE. Currently, they have repurchased 10 million coins (worth $5.44 million) on Binance and transferred them back to the on-chain address 5 hours ago.
Disclaimer: This specification is preliminary and is subject to change at any time without notice. MYTOKEN assumes no responsibility for any errors contained herein.