In recent days, the price of the $AUCTION token has experienced some wild swings. Just this morning, the value of the token hit a new high of $68 before nosediving back down to $45. If you look closely at what’s been happening in the $AUCTION market, though, it seems that these almost ‘tokenomics-defined’ price movements are the result of some good old-fashioned whale and institutional activity. Notably, a few really big players seem to be behind the price surges and steep declines that have already left a number of investors reeling. Whale Withdrawals and Market Impact: A Strategic Play One
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