AUCTION is currently trading at $38.47, with a 24-hour percentage increase of 25.75%.

BlockBeats News, March 19th, according to HTX market information, AUCTION briefly touched $39.89, and is now trading at $38.47, up 25.75% in the past 24 hours.

BlockBeats previously reported that a whale/institution holding 26% of the total AUCTION supply (2 million tokens) has been somewhat "controlling the market." This entity moved 2 million AUCTION tokens from 4 addresses, with each address holding 500,000 tokens. Yesterday, this entity transferred 220,000 AUCTION tokens ($7.18 million) to Binance. The earliest 500,000 AUCTION tokens withdrawn were also sent to Binance yesterday, causing the AUCTION price to retrace from $35 to $32. Users should be cautious of price manipulation risks.

Exchanges' wallets (Upbit/Binance/OKX) collectively hold 2.11 million AUCTION tokens, accounting for 27% of the total supply; the project team's address still holds 1.91 million AUCTION tokens, representing 25% of the total supply. The project team's two multi-signature wallets have not made any transfers in the last 5 months and are not expected to be active in the short term.