After the SIREN market maker reclaimed over 93% of the tokens, SIREN surged 185% in the past 24 hours.

According to on-chain analyst Yujin (@EmberCN), after the SIREN “whale” distributed and sold off tokens early this month, they have since reaccumulated holdings, raising their control over the token supply to over 93%. This has triggered another round of aggressive market activity. SIREN surged 185% in the past 24 hours, rebounding from its previous post-dip low of $0.13 to $2.18.