🚨 UPDATE: Massive $AUCTION Sell-Off in Progress
On-chain analyst Yu Jin reports that a major whale, who previously controlled 26% of the total $AUCTION supply, has just transferred their final 200K tokens ($4.9M) to #Binance.
Key Timeline:
Since 4 AM: The whale has sent 1.5M $AUCTION ($49.88M) to Binance.
At 3 AM: Project-related addresses moved 359K AUCTION ($20.48M) to major exchanges, including Binance.
Market Impact:
In just 10 hours, 1.859M AUCTION ($70.36M)—equivalent to 24.3% of the total supply—has hit exchanges, triggering a 60% price crash from $57 to $23 since 3 AM.
