## Movement Foundation Finalizes $38 Million MOVE Buyback The Movement Foundation has announced the completion of its previously announced MOVE token buyback program. According to their official X account, a total of 180 million MOVE tokens were repurchased at an average price of $0.21 per token, totaling approximately $38 million. This buyback initiative was initially announced in late March following the identification of misconduct by a market maker. The repurchased tokens are earmarked for strategic initiatives within the Movement ecosystem. The Movement Foundation intends to utilize the acquired MOVE tokens to bolster on-chain liquidity, support various ecosystem initiatives, and fuel developer programs. This move is expected to strengthen the Movement network and incentivize further development and adoption. ```