Look at the Binance cold storage logs on $AUCTION ... this timing is wild!
Everyone is looking at the chart pumping from $3.15 to $3.85, but look at what Binance did behind the scenes:
For 3 full months, Binance barely touched $AUCTION cold storage. It was basically sleeping.
3 days ago: Out of nowhere, Binance moved 557K AUCTION ($1.78M) between cold vaults. They were literally prepping the supply.
Today (right at the peak): The second price went vertical, they dumped 500K $AUCTION ($1.87M) straight from cold storage into the hot wallet in 1 minute.
Why wake up dormant vaults 3 days ago, and then rush 500,000 tokens onto active desks the exact minute retail starts buying the breakout?
They either needed massive emergency liquidity to pay out buyers taking self-custody, or market makers just staged $1.87M in fresh supply to sell into the green wicks.
#AUCTION
Everyone is looking at the chart pumping from $3.15 to $3.85, but look at what Binance did behind the scenes:
For 3 full months, Binance barely touched $AUCTION cold storage. It was basically sleeping.
3 days ago: Out of nowhere, Binance moved 557K AUCTION ($1.78M) between cold vaults. They were literally prepping the supply.
Today (right at the peak): The second price went vertical, they dumped 500K $AUCTION ($1.87M) straight from cold storage into the hot wallet in 1 minute.
Why wake up dormant vaults 3 days ago, and then rush 500,000 tokens onto active desks the exact minute retail starts buying the breakout?
They either needed massive emergency liquidity to pay out buyers taking self-custody, or market makers just staged $1.87M in fresh supply to sell into the green wicks.
#AUCTION
