Analysis: Whales/institutions holding 26% of AUCTION have achieved a certain degree of "control" over the market, and their holdings are equivalent to the total of all platforms

律动BlockBeats
律动BlockBeats|Mar 16, 2025 09:54
According to BlockBeats news, on March 16th, EmberCN disclosed the approximate distribution of chips on the AUACTION chain, and whales/institutions holding 26% of the total AUACTION have achieved a certain degree of "control" over the market. The trading platform wallet (Upbit/Finance/OKX) holds a total of 2.11 million AUctions, accounting for 27% of the total; Recently, whales/institutions that proposed AUACTION from Binance hold a total of 2 million AUACTION, accounting for 26% of the total; The project party still holds 1.91 million AUctions, accounting for 25% of the total. The last time the project party transferred two multi signature wallets was 5 months ago, and it is estimated that there will be no operation in the short term.
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