Movement Labs has spent $5.44 million to buy back 10 million MOVE tokens

Odaily News According to Ember Analysis, Movement Labs has completed the repurchase of 10 million MOVE tokens (worth $5.44 million) on Binance and transferred the tokens to the on-chain address. Previously, the company announced that it would invest $38 million in the token repurchase plan. Affected by this news, the price of MOVE rose 29% in 24 hours and is now at $0.56.