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Movement United Creation responds to token deposits in CEX: Transactions related to institutional products will not be sold or transferred

Movement United Creation responds to token deposits in CEX: Transactions related to institutional products will not be sold or transferred

Bitget2025/03/30 23:51

In response to the encrypted KOL Ice Frog's questioning of Movement Labs depositing 17.15 million MOVE into CEX, Rushi, the co-founder of Movement, stated in the comments section that this is a transaction for institutional products (such as ETP / ETF) and corresponding loans that are about to be launched by institutions. It will not be sold or transferred.

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