"Propose 26% of the total amount of whales/institutions from Binance" transfers the last 200,000 AUCTIONs into Binance

PANews March 23 reported that according to on-chain analyst Ember Monitor, "a total of 26% whales/institutions proposed from Binance" also transferred the last 200,000 AUCTION ($4.9 million) to Binance 20 minutes ago. The 2 million AUCTION stockpiled by the whale/institution some time ago have all been transferred to Binance.

• From 4 a.m. today to now, "a total of 26% whales/institutions proposed from Binance" has transferred 1.5 million AUCTIONs ($49.88 million) to Binance.
• The project party's 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 AUCTIONs (US$70.36 million) flowed into CEX, which is 24.3% of the total AUCTION volume. The AUCTION price also fell from $57 at 3 a.m. to $23 now, a 60% drop.