According to on-chain analyst Ember Monitoring, in Binance's market maker event at the beginning of the month, both projects announced that they would use net sale funds for token repurchase, and also announced the on-chain address where the repurchase tokens were stored. The current progress:
SHELL's repurchase funds are 8 million US dollars. At present, they have proposed 20.95 million SHELL (5.84 million US dollars) from Binance since 3/13, which means that the repurchase progress has been completed by three quarters.
2, GPS repurchase funds are 4.34 million dollars, they only issued an announcement tonight that the repurchase officially started, the announced repurchase address is currently only a few small transfer test, there is no repurchase token transfer.
Analysis: SHELL repurchase progress has been completed 3/4, GPS starts small test
2025-03-23 14:50:02
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