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