PANews reported on March 17 that according to monitoring by on-chain analyst Yu Jin, a certain whale/institution had previously withdrawn 2 million AUCTIONs from Binance (accounting for 26% of the total supply), of which 220,000 AUCTIONs (about 7.18 million US dollars) were transferred back to Binance 10 minutes ago.

The institution used 4 addresses to withdraw 500,000 AUCTIONs respectively, and there are still 1.5 million AUCTIONs scattered in 3 addresses . Affected by the operation of the whale, the price of AUCTION has been adjusted back from $35 to $32.