AUCTION is currently priced at $38.47, with a 24-hour increase of 25.75%.
Powered by ChatGPTAccording to BlockBeats news on March 19, $HTX market information shows that $AUCTION briefly touched $39.89 and is currently reported at $38.47, with a 24-hour increase of 25.75%.
BlockBeats previously reported that a whale/institution holding 26% of the total $AUCTION supply (2 million tokens) has implemented a certain degree of "control over the market." This entity used 4 addresses to propose 2 million $AUCTION, with each address holding 500 thousand tokens. This entity transferred 220 thousand $AUCTION ($7.18 million) to Binance yesterday, while the earliest proposed 500 thousand $AUCTION was also transferred to Binance earlier yesterday. Meanwhile, the $AUCTION price retraced from $35 to $32.
Wallets on trading platforms (Upbit/Binance/OKX) collectively hold 2.11 million $AUCTION, accounting for 27% of the total supply; the project team address still holds 1.91 million $AUCTION, which is 25% of the total supply. The last transfer from the project team's two multi-signature wallets was over 5 months ago, and it is estimated that there will be no operations in the short term. Users should be cautious of price manipulation risks.