PANews reported on March 23 that according to on-chain analyst Yu Jin’s monitoring, “the whale/institution that withdrew 26% of the total amount from Binance” also transferred the last 200,000 AUCTION (4.9 million USD) to Binance 20 minutes ago. The 2 million AUCTION hoarded by the whale/institution some time ago has all been transferred to Binance.

  • From 4 am today to now, "whales/institutions that withdrew 26% of the total from Binance" transferred 1.5 million AUCTION (US$49.88 million) to Binance.
  • The project address transferred 359,000 AUCTION (US$20.48 million) to Binance, OKX, and Gate at 3 a.m.

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