Data: SIREN controller sold 17 million tokens, causing the price to halve
According to on-chain analyst Yu Jin's monitoring, the SIREN controller has intensively sold approximately 17 million SIREN on-chain through multiple addresses in the past 2 hours, worth 6.75 million USD, causing the SIREN price to drop over 50%, from 0.47 USD to 0.23 USD.
The controller holds at least 94% of the total SIREN supply (680 million). Since February, the controller has conducted 4 rounds of operations in 4 months.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

After the SIREN dealer reclaimed over 93% of the chips, SIREN's increase in the past 24 hours reached 185%

Data: SIREN dropped nearly 60% in 24 hours, with a market value of 740 million USD

Data: Accumulated SIREN at a certain address, selling profits exceed 2 million USD

The actual control ratio of the SIREN dealer may reach 88.5%, and the controller may be DWF Labs

Analyst: The controlling party of the SIREN token has accumulated 484.6 million tokens, accounting for 66.5% of the total supply

SIREN rose over 25% during the day, breaking through 1.15 USD

Data: 2,999,900 SIREN transferred from DWF Labs, valued at approximately 2.73 million USD

The decentralized contract trading platform Sun Wukong launches SIREN perpetual contracts

Data: SIREN surged over 20% intraday, breaking through $0.77

Why major crypto asset manager’s 25% buyback plan might recycle shares to employees instead of shrinking supply

Previously Bearish on Crypto Market, Jiang Zhuoer Quickly Turns Bullish: Ethereum is the Engine of the Bull Market

Trump Proposes a $1,700 Tax Credit to Boost School Choice in the U.S.

Linux 7.3 Expands Support for New RISC-V Extensions

Mozilla prepares default JPEG-XL support in Firefox 157

GNU Emacs 31.1 Enables Mouse Control by Default in Terminals

Grayscale Launches Zcash ETF Following Critical Privacy Flaw That Rocked the Cryptocurrency

Stellaria Raises $6.8 Million at a Valuation of $114 Million

Some Bitcoin holders tax bill is now set when they leave the country instead of when they sell

Michael Saylor Targets Bitcoin Orthodoxy: 'Satoshi Is Not a Prophet'

Strive by Vivek Ramaswamy Becomes the 7th Largest Public Holder of Bitcoin

The Best AI Models for Trading: A Comparison of the Top 10 Models

ESPN Raises Streaming Prices and Increases Disney Plus Bundles

The Witcher 4 Aims for 2028 as CD Projekt Red Prepares New Content

About 40 Domestic Banks to Conduct Mutual Remittance Trials Using Tokenized Deposits

Thailand advances spot Bitcoin and Ether ETF rules with 80% exposure floor

Enflame, the Chinese competitor of Nvidia in AI chips, goes public

A $215 billion altcoin rally rests on Bitcoin holding its reclaimed market structure

AI is in a Credit Expansion Phase: The Stronger AI Becomes, the More the Federal Reserve Needs to Cut Rates

Coldcard hackers leave 87% of stolen Bitcoin unmoved after $114M theft





