A certain whale address is suspected of "manipulating" the price of AUCTION coins, withdrawing 26% of the total amount of AUCTION from CEX in nearly one month
On March 22nd, according to on-chain data analyst Yu Jing's monitoring, the whale/institution "manipulating" AUCTION withdrew a total of 2 million AUCTION (26% of the total amount) from a CEX using four addresses between February 23 and March 16, almost emptying the balance of this CEX platform. The price of AUCTION during this period rose from $12 to $26.
On March 17th, this whale/institution transferred 500,000 AUCTION (approximately $16.9 million) into CEX. The price of AUCTION dropped from $35 to $31. After that, the price of AUCTION continued to rise and broke new highs.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
El Salvador's Bitcoin Holdings Reach 6,260.18 BTC

Anthropic launches the more powerful AI model Opus 4.1 ahead of competitors
Trending news
MoreCrypto prices
More








