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Binance Offboards Market Maker That It Said Made $38M Profit on MOVE Listing

The entity was offboarded on March 18, and Movement Labs and Movement Foundation teams were informed of the “irregularities with their market maker.”

Mar 25, 2025, 10:07 a.m.
A pair of hands resting on a keyboard with an iPad showing graphs and price quotes. (Kanchanara/Unsplash)
Market making requires active buying and selling activity. (Kanchanara/Unsplash)