Whale 0xad2 just deposited all 500,000 AUCTION ($20.92M) to Binance as the price plunged 21.33% in the past 24 hours:

• transaction: 0xe171ec32d6ce3fdf07ade106eb5ecfdf94be5e7982d0701ce07bbc6eb60bf0b8
• address: 0xad2e7ceb5ce3c4fd0abd3c0d6a39646c52644403

Notably:

• The whale withdrew these AUCTION tokens from Binance between February 24 and 26, 2025, at an average price of $15.71 (estimated cost: $7.86M). If truly selling now at $41.83, the whale would realize a whopping estimated profit of $13.06M (+166%) after holding for 27 days.
• The whale was the second among four AUCTION whale wallets, likely belonging to a single entity, to offload tokens. Currently, 1M AUCTION ($41.84M) remains across the two other wallets and may also be sent to Binance soon.

Fig 1. The overall AUCTION trading history of Whale 0xad2.