A giant whale address is suspected of "manipulating" the AUCTION currency price and has withdrawn 26% of the total AUCTION currency from Binance in the past month.
On March 22, according to monitoring by the online data analyst Ash, the whale/institution that "manipulates" AUCTION used 4 addresses to request a total of 2 million AUCTION units from Binance (26% of the total) from February 23 to March 16, almost emptying the balance of Binance's platform. AUCTION prices increased from $12 to $26 during this period.·On March 17, the whale/institution transferred 500,000 AUCTION (approximately US$16.9 million) into Binance, and the AUCTION price was adjusted back from US$35 to US$31. Since then, AUCTION prices have risen all the way to breaking a new high this morning.
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