BlockBeats News, March 18th, according to @ai_9684xtpa's monitoring, the address that had previously accumulated SHELL was actually the buyback address of a liquidity provider.
The Myshell project team previously announced a plan to use 8 million USDT to buy back SHELL and complete the buyback within 90 days. Since March 13th, this address has withdrawn a total of 18.45 million SHELL from a centralized exchange (CEX), approximately 5.43 million USDT, completing 68% of the buyback progress.