Movement has transferred an additional 50 million MOVE tokens to Binance, advancing the ongoing return of repurchased assets from its $38 million March buyback.
Movement blockchain project has sent 50 million MOVE tokens valued at about $2.51 million back to Binance, contributing to a total of 115 million tokens worth approximately $10.91 million returned since March. The repurchased tokens were part of a $38 million buyback, during which Movement acquired 180 million MOVE from Binance at an average price of $0.21. The continued returns reflect ongoing adjustments in the project's token circulation.