According to on-chain analyst Ember, "2 million AUCTION Giant Whale/Institution from Binance" transferred the last 200,000 AUCTION (worth about $4.90 million) to Binance more than 20 minutes ago. The 2 million AUCTION that the whale/institution had hoarded some time ago has all been transferred to Binance. From 4am today to now, 1.50 million AUCTION (worth about $49.88 million) has been transferred from "Whales/Institutions that raised 26% of the total from Binance" to Binance. The project address transferred 359,000 AUCTION (worth about $20.48 million) to Binance, OKX, and Gate at 3 a.m. In just 10 hours, 1.859 million AUCTION (worth about $70.36 million) flowed into the CEX, which is 24.3% of the total AUCTION. The AUCTION price also fell from $57 at 3 am to $23 now, a drop of 60%.