On March 22nd, according to data analyst Ember monitoring on the chain, the whales/institutions that "manipulated" AUCTION raised 2 million AUCTION (26% of the total) from Binance with 4 addresses between February 23 and March 16, almost emptying the balance of the Binance platform. AUCTION price rose from $12 to $26 during this period. ·
On March 17, the whale/institution transferred 500,000 AUCTION (about $16.90 million) into Binance, and the AUCTION price was pulled back from $35 to $31. Since then, the AUCTION price has risen all the way to a new high this morning.
A giant whale address is suspected of "manipulating" the AUCTION price, withdrawing 26% of the total AUCTION from Binance in the past month.
2025-03-22 01:01:17
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