TechFlow reports that on March 16, according to on-chain analyst烬 (Yujin), a whale/institution has withdrawn another 365,000 AUCTION tokens (worth $9.62 million) from Binance via one address over the past two days.
To date, they have used four addresses to withdraw a total of 25% of all AUCTION tokens (1.866 million tokens) valued at $49.4 million from Binance. After this large-scale withdrawal, only 9% of AUCTION tokens (706,000 tokens) remain in Binance's address.
Yujin noted that such massive withdrawals are often followed by significant price volatility (sharp rises or drops). Previous examples include TRB, BLZ, and others. The involved addresses are:
- 0xEF8Ca93cBaA3F67525c18feaF7082A247B66155B (500,000 tokens)
- 0xAd2E7CeB5cE3C4FD0AbD3c0d6a39646C52644403 (500,000 tokens)
- 0x02a16EB459fb61d1d127ADBCbfB5575F346d052f (500,000 tokens)
- 0xEc17Da400f7e23Cc6081A53d488189Ad6C4fa09c (365,000 tokens)
Add to Favorites
Share to Social Media
