The decline of AUCTION this morning is due to the project's address transferring 359 thousand tokens to multiple CEXs.
Powered by ChatGPTAccording to Foresight News, on-chain analyst Yu Jin monitored that the price drop of $AUCTION this morning originated from the project's multi-signature address, which began transferring 359 thousand $AUCTION (approximately 20.48 million USD) to exchanges such as Binance, OKX, and Gate.io starting at 03:13. The project's address started transferring at 03:13, and the $AUCTION price began to drop from 03:15.
According to Foresight News, on-chain analyst Yu Jin monitored that the price drop of $AUCTION this morning originated from the project's multi-signature address, which began transferring 359 thousand $AUCTION (approximately 20.48 million USD) to exchanges such as Binance, OKX, and Gate.io starting at 03:13. The project's address started transferring at 03:13, and the $AUCTION price began to drop from 03:15.