Movement Lianchuang responded to the recharge of tokens to Coinbase: For transactions related to institutional products, they will not be sold or transferred

This article is machine translated
Show original

According to ChainCatcher, in response to the crypto KOL Ice Frog's questioning of Movement Labs depositing 17.15 million MOVE tokens into Coinbase, Movement co-founder Rushi stated in the comments that this is a transaction related to the upcoming institutional products (such as ETP/ETF) and corresponding loans, and it will not be sold or transferred.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Followin logo