AUCTION was suspected to have been pushed to a new high by a whale/institution, which currently holds a total of 20% of the total tokens.
Reprinted from panewslab
03/22/2025·2MPANews March 22 reported that according to on-link analyst Ember Monitor, the $AUCTION price hit a new high ($68) this morning and then fell back to $45.
- "Manipulate" AUCTION's whale/institution issued a total of 2 million AUCTION from Binance on February 23 to March 16 (26% of the total) with 4 addresses. The AUCTION price rose from $12 to $26 during this period.
- On March 17, they transferred 500,000 AUCTION ($16.9 million) to Binance, and the price of AUCTION was pulled back from $35 to $31.
- Since then, the price of AUCTION has risen all the way to breaking a new high this morning.
Now "manipulate" AUCTION's whale/organization chain has 3 addresses holding a total of 1.5 million AUCTION (US$67.5 million), which is 20% of the total:
