After the AUACTION project party transferred 359000 tokens to multiple CEX platforms in the early morning, the coin price began to decline

According to on chain analyst Yu Jin's monitoring, a multi signature address of the AUACTION project party began transferring 359000 AUACTION ($20.48 million) to exchanges such as Binance, OKX, and Gate at 03:13. The project address started transferring at 03:13, and the AUACTION price began to decline at 03:15.