A SIREN whale dumped 670 million SIREN tokens in just two days—92% of the total supply.
According to on-chain analytics platform Lookonchain (@lookonchain), a SIREN whale sold 670 million SIREN tokens—92% of the total supply—within just two days, causing the price to plunge over 90% and realizing $64.8 million in USDT. Of this amount, $25.7 million in USDT has already been deposited into Bitget and Bybit exchanges, while the remaining $39.1 million in USDT is still held on-chain, suggesting the sell-off may not yet be complete.
