Binance News: Crypto Whale Accumulates $AUCTION Tokens on Binance, Realizing $3.76M Floating Profit

Whale Amasses 500K $AUCTION Tokens with $3.76M Floating Profit

A crypto whale has recently garnered significant attention by amassing 500,000 $AUCTION tokens, leading to a floating profit of up to $3.76M. According to data from Onchain Lens, the whale acquired these tokens from Binance. The on-chain analytics provider disclosed this event via social media, revealing that in the past 2 days, the whale accumulated $AUCTION tokens worth $13.76M, currently yielding a floating profit of $3.76M. The wallet address associated with this transaction is 0xEc17Da400f7e23Cc6081A53d488189Ad6C4fa09c.

Meme Token Activity Shifts to BNB Chain and PancakeSwap

Meme token activity, which has not disappeared entirely, has shifted to new markets in recent weeks. Traders have turned to BNB Chain and PancakeSwap, which now carry more meme token activity than Solana (SOL). Meme token launches have driven users to the BNB Smart Chain, causing short-term rallies for memes like Mubarak. Binance’s founder, Changpeng ’CZ’ Zhao, posted a call to build under any market conditions, but warned against aggressive token promotions that may lead to rug pulls and losses.