AUACTION is suspected to have fallen back after being hit a new high by a whale/institution, which currently holds 20% of the total tokens

PANews|Mar 22, 2025 01:00
According to on chain analyst Yu Jin's monitoring, the AUACTION price broke a new high this morning ($68) and then fell back to $45.
& 34; Manipulation&34; AUACTION's whales/institutions withdrew a total of 2 million AUACTION (26% of the total) from Binance on 4 addresses from February 23rd to March 16th. The AUCTION price increased from $12 to $26 during this period.
On March 17th, they transferred 500000 AUACTION ($16.9 million) to Binance, and the AUACTION price dropped from $35 to $31.
Afterwards, the AUACTION price continued to rise until it broke a new high this morning.
Now&34; Manipulation&34; There are three addresses on AUCTION's whale/institutional chain that hold a total of 1.5 million AUctions ($67.5 million), which is 20% of the total:
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