Analysis: AUCTION's decline this morning originated from the project's address transferring 359,000 coins to multiple CEXs
according to on-chain analyst Yu Jin's monitoring, the price drop of AUCTION this morning originated from a multi-signature address of the project party transferring 359,000 AUCTION tokens (worth approximately 20.48 million USD) to exchanges such as Binance, OKEx, and Gate. The project party started transferring from address 03:13, and the AUCTION price started dropping from 03:15.
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
100% rebate for KYB users: Earn fee rebates on EUR bank deposits!
[Initial listing] Bitget to list Talus (US) in the Innovation and AI zone
Bitget Trading Club Championship (Phase 21)—Up to 1250 BGB per user, plus a ZETA pool and Mystery Boxes
Bitget Spot Margin Announcement on Suspension of MDT/USDT, RAD/USDT, FIS/USDT, CHESS/USDT, RDNT/USDT Margin Trading Services
Trending news
MoreCrypto prices
More
