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Analysis: Whales/institutions holding 26% of the total AUCTION have achieved a certain degree of "market control", and their holdings are already equivalent to the total amount on various platforms

Analysis: Whales/institutions holding 26% of the total AUCTION have achieved a certain degree of "market control", and their holdings are already equivalent to the total amount on various platforms

Bitget2025/03/16 10:51

Golden Finance reports that according to EmberCN, the distribution of AUCTION tokens on-chain is roughly as follows: whales/institutions holding 26% of total AUCTION have achieved a certain degree of "market control". Trading platform wallets hold a total of 2.11 million AUCTION, accounting for 27% of the total; recently, whales/institutions withdrawing from CEX hold a total of 2 million AUCTION, accounting for 26% of the total; project addresses still hold 1.91 million AUCTION, accounting for 25% of the total. The last transfer out from two multi-signature wallets owned by the project was five months ago and it's estimated there will be no operations in the short term.

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