Whales Abruptly Deposit Ethereum Altcoin to Binance and OKX, Causing Price To Plummet 50%: On-Chain Data

Deep-pocketed traders triggered a price crash over the weekend after depositing a huge chunk of an altcoin’s supply to digital asset exchanges. According to blockchain tracking firm Lookonchain, whales in the Bounce (AUCTION) market have been greatly influencing the altcoin’s price action for the past week, causing massive swings in both directions.. source: https://dailyhodl.com/2025/03/24/whales-abruptly-deposit-ethereum-altcoin-to-binance-and-okx-causing-price-to-plummet-50-on-chain-data/