PANews reported on March 23 that according to monitoring by on-chain analyst Yu Jin, a multi-signature address of the AUCTION project began to transfer 359,000 AUCTION (US$20.48 million) to exchanges such as Binance, OKX, and Gate at 03:13. The project address began to transfer at 03:13, and the price of AUCTION began to fall at 03:15.
After the AUCTION project transferred 359,000 tokens to multiple CEX platforms in the early morning, the price of the token began to fall
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