余烬|Nov 11, 2025 15:22
[Token Buyback and Transfer Back to Exchanges: MOVE and SHELL Dynamic Analysis]
Remember the three projects SHELL, GPS, and MOVE? They all conducted token buybacks afterward. Uh, but today, two of these projects are transferring the repurchased tokens back to exchanges.
◎ MOVE transferred 15 million MOVE ($950K) to Binance this morning.
https://intel.((arkm.com))/explorer/address/0xA14C8e3eBb2Da43d027dC2c1b7633870亿9D59cACe
◎ SHELL transferred 25 million SHELL ($2.65M) an hour ago, with 15 million SHELL ($1.59M) already entering Bitget.
https://intel.((arkm.com))/explorer/address/0x8d6732a5aBbBB155f6F2387e383fa65030A3b383
As for the other project GPS, it completed its buyback in April and has already burned the repurchased tokens.
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