Binance将促进运动（移动）回购计划

Binance将促进运动（移动）回购计划，以修复2024年12月出售令牌的做市商的损失。

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正在促进运动（移动）回购计划，以修复2024年12月出售令牌的做市商的损害。

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发现了一家恶意做市商的运动（移动）的影响，该行动于2024年底运作。做市商也与另一家公司有关以前被禁止使用Binance的公司有关。

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.

调查后，运动与不愿透露姓名的做市商的合作伙伴关系。但是，由于MM在12月10日倾倒了6600万的代币，因此损失已经造成。积极的交易导致了3800万美元的利润，因为做市商一直活跃到3月18日，当时Binance禁止了所有活动。

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.

代币定价丑闻是在举动将其纳入世界自由金融投资组合的时候引起更多关注的时候。特朗普的基金仍然拥有350万美元的搬迁，这是投资组合中相对较小的一部分，但对该项目具有更大的知名度。该机芯网络致力于使用MOVE编程语言为智能合约提供快速，廉价的链上访问。

Movement Network launches $38M buyback to offset losses

移动网络推出了3800万美元的回购以抵消损失

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.

发现后，运动网络基金会推出了3800万美元的回购，以支持生态系统并删除销售的效果。回购将得到Binance的支持，并将在接下来的三个月内分布。

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.

运动本身将市场转移归咎于他们的合作伙伴，否认有任何打算将令牌价格崩溃的意图。回购消息后，Move恢复到0.45美元，尽管仍在其较低范围内交易。回购旨在使对代币的信任重新信任并可能维修其市场价格。

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.

运动网络基金会将通过Binance冻结的资金获得3800万美元的战略储备。这将使Stablecoin流动性返回到移动生态系统。购买的举动不会被烧毁，但会以战略储备的形式重新带回透明的链链钱包。

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美元的价格达到顶峰，尽管总是面临销售压力。启动后不久，该项目还通过BYBIT出售了一些令牌，正如链上调查人员所指出的那样。移动令牌可能会面临进一步的销售压力，因为供应只有25％的解锁。从2025年底开始，该项目将继续为早期生态系统支持者提供更多线性解锁。该运动项目已从VC支持者那里筹集了4140万美元，并为早期投资者提供了重要的代币。

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.

最近发现有意快速销售的发现与较早的Binance案有关。有一次，Goplus（GPS）的代币气滴随后发生了迅速的市场崩溃。该活动的做市商也与Myshell（Shell）合作。 GP和Shell在过去一个月都有深厚的损失，删除了其价值的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.

由于多个交易者试图获得利润，因此Binance列表通常与市场波动有关。 Binance一直在更仔细地跟踪活动，试图发现没有遵循各个交易对流动性要求的流氓做市商。

Binance protects users from aggressive market makers

Binance保护用户免受积极的做市商的侵害

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.

搬家销售后，Binance采取了其他步骤来保护用户。运动实验室和运动基金会与市政商的不规则通知。积极的交易收益也被冻结并保留以补偿用户。 Binance尚未根据受影响的当事方确定详细的薪酬计划。做市商禁止任何其他关于二手车的营销活动。

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.

要获得Binance的批准，与项目相关的做市商必须避免进行积极的交易。通常，流氓MMS将主要出售出价，同时要求同时签订订单。做市商还必须确保足够的订单规模和市场深度，并为特定的市场深度提供合理健康的差异。这是为了避免代币的高波动性和声誉丧失。

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

就目前而言，Binance尚未批准这些项目，而是会删除具有类似单方面策略的做市商。