Movement is transferring back to a CEX the 50 million MOVE tokens bought back.
BlockBeats News, November 21st, according to @EmberCN monitoring, Movement has once again transferred 50 million MOVE tokens previously repurchased (worth approximately $2.51 million) to Binance.
In March, Movement was required to repurchase $38 million worth of tokens. Subsequently, they transferred a total of 180 million MOVE tokens from Binance to the repurchase on-chain public address, with a repurchase average price of $0.21 per token.
However, after completing the repurchase, they have gradually retransferred MOVE back to Binance. Currently, 115 million repurchased MOVE tokens (worth approximately $10.91 million) have been retransferred to Binance.
At the time of writing, MOVE is currently trading at $0.05, with a 4.32% decrease in the last 24 hours, a 36% decrease in the last 30 days, and a 61% decrease in the last 90 days.
You may also like

Polymarket vs. Kalshi: The Full Meme War Timeline

Consensus Check: What Consensus Was Born at the 2026 First Conference?

Resigned in Less Than a Year of Taking Office, Why Did Yet Another Key Figure at the Ethereum Foundation Depart?

Russian-Ukrainian War Prediction Market Analysis Report

Ethereum Foundation Executive Director Resigns, Coinbase Rating Downgrade: What's the Overseas Crypto Community Talking About Today?

Who's at the CFTC Table? A Rebalancing of American Fintech Discourse
AI Trading vs Human Crypto Traders: $10,000 Live Trading Battle Results in Munich, Germany (WEEX Hackathon 2026)
Discover how AI trading outperformed human traders in WEEX's live Munich showdown. Learn 3 key strategies from the battle and why AI is changing crypto trading.
Elon Musk's X Money vs. Crypto's Synthetic Dollars: Who Wins the Future of Money?
How do Synthetic Dollars work? This guide explains their strategies, benefits over traditional stablecoins like USDT, and risks every crypto trader must know.

The Israeli military is hunting a mole on Polymarket

Q4 $667M Net Loss: Coinbase Earnings Report Foreshadows Challenging 2026 for Crypto Industry?

BlackRock Buying UNI, What's the Catch?

Lost in Hong Kong

Gold Plunges Over 4%, Silver Crashes 11%, Stock Market Plummet Triggers Precious Metals Algorithmic Selling Pressure?

Coinbase and Solana make successive moves, Agent economy to become the next big narrative

Aave DAO Wins, But the Game Is Not Over

Coinbase Earnings Call, Latest Developments in Aave Tokenomics Debate, What's Trending in the Global Crypto Community Today?

ICE, the parent company of the NYSE, Goes All In: Index Futures Contracts and Sentiment Prediction Market Tool
