Whales are suspected of manipulating AUCTION to increase shipments, and currently still hold 20% of the total tokens

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According to @EmberCN monitoring, a suspected whale/institution manipulating the AUCTION market withdrew 2 million AUCTION tokens from Binance through 4 addresses between February 23 and March 16, accounting for 26% of the total supply. During this period, the token price rose from $12 to $26, nearly emptying Binance's inventory. Subsequently, on March 17, the institution transferred 500,000 AUCTION tokens (approximately $16.9 million) back to Binance, causing the price to drop from $35 to $31. Afterward, the AUCTION price continued to rise and broke its historical high at $68 in the early morning, quickly falling back to $45. Currently, the institution still holds 1.5 million AUCTION tokens through 3 addresses, worth approximately $67.5 million, representing 20% of the total supply.


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