
吴说区块链|Mar 25, 2025 07:22
Wu Shuo learned that Binance has announced that it has discovered a connection between a market maker for the Movement (MOVE) project and another market maker that Binance has recently banned from continuing market making activities on the platform due to improper behavior. The abnormal behavior of the market maker includes: one day after MOVE went live (December 10, 2024), the market maker sold about 66 million MOVE tokens with almost no buy support. Before being terminated by Binance on March 18, 2025, the market maker had already earned a net profit of approximately 38 million USDT.
The Movement Network Foundation stated that Binance notified on March 11th that it is investigating a market maker involved in multiple tokens, including MOVE. In response to this matter, the Movement Network Foundation has terminated all cooperation with the market maker and will launch a $38 million MOVE repurchase program. The repurchase will be conducted on Binance within the next three months, and the purchased tokens will be transferred to the strategic reserve address. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=39961
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