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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.”

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)