Binance將促進運動（移動）回購計劃

Binance將促進運動（移動）回購計劃，以修復2024年12月出售令牌的做市商的損失。

Binance is facilitating a Movement (MOVE) buyback plan, to repair the damage of a market maker that sold the token in December 2024. MOVE will buy back up to $38M of its tokens to repair the damage.

Binance正在促進運動（移動）回購計劃，以修復2024年12月出售令牌的做市商的損害。

Binance has discovered the effects of a malicious market maker for Movement (MOVE), which operated in late 2024. The market maker was also linked to another firm banned from Binance for misconduct previously.

Binance發現了一家惡意做市商的運動（移動）的影響，該行動於2024年底運作。做市商也與另一家公司有關以前被禁止使用Binance的公司有關。

After the investigation, Movement dropped the partnership with the unnamed market maker. However, the damage was already done, as the MM dumped 66M MOVE tokens on December 10. The aggressive trading led to profits of $38M, as the market maker remained active until March 18, when Binance banned all activity.

調查後，運動與不願透露姓名的做市商的合作夥伴關係。但是，由於MM在12月10日傾倒了6600萬的代幣，因此損失已經造成。積極的交易導致了3800萬美元的利潤，因為做市商一直活躍到3月18日，當時Binance禁止了所有活動。

The token pricing scandal comes at a time when MOVE is getting more attention for its inclusion in the portfolio of World Liberty Financial. Trump’s fund still holds MOVE valued at $3.5M, a relatively minor part of the portfolio, but granting more visibility to the project. The Movement Network is dedicated to offering fast, cheap on-chain access for smart contracts using the Move programming language.

代幣定價醜聞是在舉動將其納入世界自由金融投資組合的時候引起更多關注的時候。特朗普的基金仍然擁有350萬美元的搬遷，這是投資組合中相對較小的一部分，但對該項目具有更大的知名度。該機芯網絡致力於使用MOVE編程語言為智能合約提供快速，廉價的鏈上訪問。

Movement Network launches $38M buyback to offset losses

移動網絡推出了3800萬美元的回購以抵消損失

After the discovery, the Movement Network Foundation launched a $38M buyback to support the ecosystem and erase the effect of the selling. The buyback will be supported by Binance and will be spread over the next three months.

發現後，運動網絡基金會推出了3800萬美元的回購，以支持生態系統並刪除銷售的效果。回購將得到Binance的支持，並將在接下來的三個月內分佈。

Movement itself blamed the market shifts on their partner, denying any intention to crash the token price. Following the news of the buyback, MOVE recovered to $0.45, though still trading near its lower range. The buyback aims to bring back trust in the token and possibly repair its market price.

運動本身將市場轉移歸咎於他們的合作夥伴，否認有任何打算將令牌價格崩潰的意圖。回購消息後，Move恢復到0.45美元，儘管仍在其較低範圍內交易。回購旨在使對代幣的信任重新信任並可能維修其市場價格。

The Movement Network Foundation will gain access to the funds frozen by Binance, a strategic reserve of 38M USDT. This will return stablecoin liquidity into the MOVE ecosystem. The purchased MOVE will not be burned, but will be brought back into a transparent on-chain wallet in the form of a strategic reserve.

運動網絡基金會將通過Binance凍結的資金獲得3800萬美元的戰略儲備。這將使Stablecoin流動性返回到移動生態系統。購買的舉動不會被燒毀，但會以戰略儲備的形式重新帶回透明的鍊鍊錢包。

MOVE peaked at $1.12, though always facing selling pressure. Soon after launching, the project also sold some of its tokens through Bybit, as noted by on-chain investigators. MOVE tokens may face further selling pressure, as the supply is only 25% unlocked. From the end of 2025 onward, the project will continue with more linear unlocks for early ecosystem backers. The Movement project has raised $41.4M from VC backers, and has set aside a significant part of its tokens for early investors.

Move以1.12美元的價格達到頂峰，儘管總是面臨銷售壓力。啟動後不久，該項目還通過BYBIT出售了一些令牌，正如鍊上調查人員所指出的那樣。移動令牌可能會面臨進一步的銷售壓力，因為供應只有25％的解鎖。從2025年底開始，該項目將繼續為早期生態系統支持者提供更多線性解鎖。該運動項目已從VC支持者那裡籌集了4140萬美元，並為早期投資者提供了重要的代幣。

The recent discovery of deliberate rapid selling is linked to an earlier case on Binance. At one point, the token airdrop for GoPlus (GPS) was followed by a rapid market crash. The market maker for that event also worked with MyShell (SHELL). Both GPS and SHELL had deep losses in the past month, erasing over 70% of their value.

最近發現有意快速銷售的發現與較早的Binance案有關。有一次，Goplus（GPS）的代幣氣滴隨後發生了迅速的市場崩潰。該活動的做市商也與Myshell（Shell）合作。 GP和Shell在過去一個月都有深厚的損失，刪除了其價值的70％以上。

Binance listings are often linked to market volatility, as multiple traders try to take profits. Binance has been tracking the activity more closely, trying to discover rogue market makers that do not follow the liquidity requirements for all respective trading pairs.

由於多個交易者試圖獲得利潤，因此Binance列表通常與市場波動有關。 Binance一直在更仔細地跟踪活動，試圖發現沒有遵循各個交易對流動性要求的流氓做市商。

Binance protects users from aggressive market makers

Binance保護用戶免受積極的做市商的侵害

After the MOVE selling, Binance took additional steps to protect users. Movement Labs and Movement Foundation were notified of the irregularities with their market maker. The aggressive trading proceeds were also frozen and retained to compensate users. Binance is yet to determine a detailed compensation plan based on the affected parties. The market maker is forbidden from any other market-making activities on Binance.

搬家銷售後，Binance採取了其他步驟來保護用戶。運動實驗室和運動基金會與市政商的不規則通知。積極的交易收益也被凍結並保留以補償用戶。 Binance尚未根據受影響的當事方確定詳細的薪酬計劃。做市商禁止任何其他關於二手車的營銷活動。

To be approved by Binance, project-related market makers must avoid aggressive trading. Usually, rogue MMs will place mostly selling bids, while being required to place both bid and ask orders. Market makers must also secure sufficient order size and market depth, as well as a reasonably healthy spread for a specified market depth. This is to avoid high volatility and loss of reputation for the token.

要獲得Binance的批准，與項目相關的做市商必須避免進行積極的交易。通常，流氓MMS將主要出售出價，同時要求同時簽訂訂單。做市商還必須確保足夠的訂單規模和市場深度，並為特定的市場深度提供合理健康的差異。這是為了避免代幣的高波動性和聲譽喪失。

For now, Binance does not sanction the projects, but will remove market makers with similar one-sided strategies.

就目前而言，Binance尚未批准這些項目，而是會刪除具有類似單方面策略的做市商。