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Movement Foundation: Will transfer some tokens from the Ethereum Mainnet MOVE strategic reserve to the native chain.

2025-11-19 06:36:37

MOVE3.66%

Golden Finance reported that the Movement Foundation posted on the X platform, stating that it has been four months since fulfilling its repurchase commitment. To enhance the transparency of the tokens in the repurchase wallet, it plans to transfer part of the tokens from the Ethereum Mainnet's MOVE strategic reserves to the native Movement Network's strategic reserves to support ecosystem projects and incentives. Movement stated that it will continue to regularly send ERC-20 tokens to the exchange to supplement and rebalance the token supply, thereby re-enabling withdrawal functions.

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