Odaily Planet News: Bounce Brand posted on X platform, stating that they want to clarify recent community concerns about AUCTION price fluctuations. It needs to be emphasized that the team has not participated in any AUCTION token price manipulation. In the past few weeks, some unknown parties have accumulated over 20% of the total AUCTION supply, and their on-chain transfer activities and impact on AUCTION prices have attracted widespread attention. This has led to a surge in AUCTION trading volume across major exchanges. Binance, as the primary price discovery market, has seen its hot wallet holdings drop to below 10% of the total supply. Borrowing rates have consistently remained above 80%, with financing rates staying at -2% for multiple periods. Major exchanges have adjusted their perpetual contract position limits and risk control measures. To help stabilize market liquidity, the team has been actively providing liquidity support to multiple exchanges. Additionally, the team has voluntarily locked approximately 1.5 million AUCTION tokens from funding and team allocations.