Analysis: AUCTION's decline this morning originated from the project's address transferring 359,000 coins to multiple CEXs

according to on-chain analyst Yu Jin's monitoring, the price drop of AUCTION this morning originated from a multi-signature address of the project party transferring 359,000 AUCTION tokens (worth approximately 20.48 million USD) to exchanges such as Binance, OKEx, and Gate. The project party started transferring from address 03:13, and the AUCTION price started dropping from 03:15.