The drop in AUCTION this morning originated from the project party's address transferring 359,000 tokens to multiple CEXs
Odaily Planet Daily reports that according to on-chain analyst Yu Jin, the drop in AUCTION's price this morning originated from a multi-signature address of the project team starting to transfer 359,000 AUCTION (worth about 20.48 million USD) to exchanges from 03:13. The project team's address started transferring at 03:13 and the price of AUCTION began to fall from 03:15.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin falls below $83,000, down over 2% from its midnight high
Youngwoo DSP Wins USD 3.47 Million Display Equipment Order From Samsung Display Vietnam
Anthropic reportedly to file for IPO as soon as Friday, aiming for a $2 trillion valuation and potentially the largest IPO in history
According to informed sources, artificial intelligence (AI) company Anthropic is expected to publicly file its S-1 investor prospectus as early as Friday.
The Bank of Korea keeps policy rate unchanged as expected to assess the impact of consecutive rate hikes; Governor’s remarks may signal future policy direction
The Bank of Korea announced on Thursday that it will keep the seven-day repo rate unchanged at 3%, in line with market expectations. After raising interest rates consecutively for the first time in more than three years, the central bank has chosen to pause rate hikes in order to assess the impact of rising borrowing costs.
Crypto prices
More
