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Analysis: The fall of AUCTION this morning originated from the project party Address transferring 359,000 pieces to multiple CEX.
[Analysis: The fall of AUCTION this morning originated from the project party's address transferring 359,000 pieces to multiple CEX] According to on-chain analyst Yu Jin's monitoring, the price of AUCTION this morning fell due to a multi-sig address of the project party starting to transfer 359,000 AUCTION (worth approximately 20.48 million USD) to exchanges such as CEX, CEX, and Gate starting at 03:13. The project party's address began transferring at 03:13, and the price of AUCTION started to fall from 03:15.