Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
"The whale/institution withdrew 2 million AUCTION from Binance" transferred the last 200,000 AUCTION to Binance

"The whale/institution withdrew 2 million AUCTION from Binance" transferred the last 200,000 AUCTION to Binance

CointimeCointime2025/03/23 07:11
By:Cointime

according to the on-chain analyst Yu Jin's monitoring, "a whale/institution from Binance proposed to transfer 2 million AUCTION tokens" just over 20 minutes ago transferred the final 200,000 AUCTION tokens (worth approximately $4.9 million) to Binance. The whale/institution that hoarded 2 million AUCTION tokens earlier has now transferred all of them to Binance.

From 4 am today until now, "a whale/institution proposed to transfer 26% of the total supply" transferred 1.5 million AUCTION tokens (worth approximately $49.88 million) to Binance.

The project party address transferred 359,000 AUCTION tokens (worth approximately $20.48 million) to Binance, OKX, and Gate at 3 am.

In just 10 hours, 1.859 million AUCTION tokens (worth approximately $70.36 million) flowed into CEX, which is 24.3% of the total AUCTION supply. The AUCTION price also dropped from $57 at 3 am to $23 now, a decrease of 60%.

0

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.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Core Scientific Nets $580M in Q1 Despite Revenue Miss, Eyes AI and HPC Future

Nasdaq-listed Bitcoin miner Core Scientific Inc. has reported a net income of $580 million for the first quarter of 2025, more than double the $210 million recorded during the same period last year. However, the firm fell short of analyst expectations for revenue, signalling the growing impact of industry shifts and operational transformation.

DeFi Planet2025/05/09 12:00
Core Scientific Nets $580M in Q1 Despite Revenue Miss, Eyes AI and HPC Future

SEC Settles Lawsuit with Ripple and Executives

Bitcoininfonews2025/05/09 10:00
SEC Settles Lawsuit with Ripple and Executives