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Movement will transfer back 50 million repurchased MOVE tokens to CEX.

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On November 21, according to monitoring by @EmberCN, Movement transferred 50 million previously repurchased MOVE ( worth approximately 2.51 million USD ) to CEX. Movement was required to conduct a token repurchase of 38 million USD in March, and later they withdrew a total of 180 million MOVE from the publicly disclosed on-chain address for repurchase, with an average repurchase price of 0.21 USD. However, after completing the repurchase, they gradually transferred MOVE back into CEX. Currently, 115 million of the repurchased MOVE worth approximately 10.91 million USD ( have been transferred back to CEX. As of the time of this post, MOVE is currently priced at 0.05 USD, with a 24-hour decline of 4.32%, a 30-day decline of 36%, and a 90-day decline of 61%.

MOVE-5.47%
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