AUCTION's 24-hour decline widened to 57.3%, temporarily reported at $24.15

2 days ago

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On March 23, according to HT market information, AUCTION's 24-hour decline expanded to 57.3%, currently reporting at $24.15.

BlockBeats previously reported that the whale/institution that proposed 26% of the total AUCTION volume from Binance today transferred 1.05 million AUCTION tokens ($37.81 million) into Binance. Additionally, a multi-signature address of the project team started transferring 359,000 AUCTION tokens ($20.48 million) to exchanges such as Binance, OKX, and gate.io at 03:13. The project team's address started transferring at 03:13, and AUCTION's price began to drop at 03:15. A whale address is suspected of "manipulating" AUCTION's price, with a total withdrawal of 26% from Binance in the past month.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.

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