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AUCTION fell by more than 50% in 24 hours, with a liquidation of US$16.6522 million

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Reprinted from panewslab

03/23/2025·2M

According to PANews on March 23, according to OKX market data, AUCTION fell by more than 50% in 24 hours and is now at US$27.1. Coinglass data shows that AUCTION has lost $16.6522 million in the past 24 hours.

Previous news, after the AUCTION project party transferred 359,000 tokens to several CEX platforms in the early morning, the price of the currency began to fall . In addition, "the whale/institution that proposes 26% of the total amount from Binance" has transferred to Binance many times today.

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Analyzing the stablecoin ecosystem from the dual perspectives of technology and business

The whale/institution suspected of "managing" AUCTION transferred 750,000 AUCTION to Binance in the past 3 hours, and AUCTION was almost cut in half. feature image
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trendx logopanewslab2M

The whale/institution suspected of "managing" AUCTION transferred 750,000 AUCTION to Binance in the past 3 hours, and AUCTION was almost cut in half.

After the AUCTION project party transferred 359,000 tokens to several CEX platforms in the early morning, the price of the coin began to fall. feature image
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trendx logopanewslab2M

After the AUCTION project party transferred 359,000 tokens to several CEX platforms in the early morning, the price of the coin began to fall.

A new wallet extracted 95,011 SOLs from Coinbase 12 hours ago and used them for pledge feature image
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trendx logopanewslab2M

A new wallet extracted 95,011 SOLs from Coinbase 12 hours ago and used them for pledge