AUCTION 24-hour price drop widens to 57.3%, currently trading at $24.15

BlockBeats News, March 23rd, according to HTX market information, AUCTION's 24-hour price drop has expanded to 57.3%, currently trading at $24.15.

BlockBeats previously reported that a whale/institution that holds 26% of AUCTION's total supply withdrew a total of 1.05 million AUCTION tokens ($37.81 million) from Binance today. Additionally, a multi-signature address controlled by the project team started transferring 359,000 AUCTION tokens ($20.48 million) to exchanges such as Binance, OKX, and Gate.io in the early morning at 03:13. The project team's address initiated the transfers at 03:13, and the AUCTION price started to drop at 03:15. A Whale Address Suspected of "Manipulating" AUCTION Price, Withdrawing 26% of AUCTION from Binance in Nearly 1 Month.