The manipulation behind the price surge of AUACTION: panoramic view of whale mechanism manipulationWe still have to rely on 'intense manipulation': the AUACTION price broke a new high (68) this morning and then fell back to 45. The whale/institution that has been closely following, with a total of 26% proposed by Binance, has indeed not disappointed us in its performance. The whale/institution that "manipulated" AUCTION withdrew a total of 2 million AUCTIons (26% of the total) from Binance on 4 addresses from February 23 to March 16, almost leaving Binance empty. The price of AUCTION has increased from 12 to 26 during this period. On March 17th, they transferred 500000 AUACTION (16.9 million) to Binance, and the AUACTION price dropped from 35 to 31. Afterwards, the AUACTION price continued to rise until it broke a new high this morning. There are still three addresses on the whale/institution chain that "manipulate" AUACTION, holding a total of 1.5 million AUACTION (67.5 million), which is 20% of the total: 0xAd2E7CeB5cE3C4FD0AbD3c0d6a3964C52644403 (500000) 0x02a16EB459fb61d127ADBCbfB5575F346d052f (500000) 0xEc17Da400f7e23Cc6081A53d488189Ad6C4fa09c (500000) This article is sponsored by Bitget | @ Bitgetzh