8 hours ago, DWF Labs transferred over 145,000 AUCTION tokens to CEX
According to on-chain analyst Yu Jin's monitoring, 8 hours ago, DWF Labs transferred 145,754 AUCTION tokens (worth $3.79 million) to CEX, and in the following few hours, the price of AUCTION dropped by 9%. The AUCTION tokens held by DWF Labs were acquired at an average price of $11 from several CEXs between October and December 2023. It is expected to make a profit of $2.18 million (+135%).
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If Bitcoin surpasses $118,000, the total short liquidation intensity on major CEXs will reach $1.12 billion.