TechFlow news, March 16 — According to on-chain analyst EJ, after a whale/institutional holder withdrew 26% of AUCTION from Binance, they have achieved a certain degree of "market control":
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Exchange wallets (Upbit/Binance/OKX): holding a total of 2.11 million tokens, accounting for 27% of the total supply.
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Address that recently withdrew AUCTION from Binance: holding 2 million tokens, representing 26% of the total supply.
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Project team address: holding 1.91 million tokens, or 25% of the total supply. The project's two multi-sig wallets haven't moved funds in over five months, suggesting no near-term activity is expected.
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