News linked to both this project and an event.
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.
according to on-chain analyst Yu Jin's monitoring, over the past 2 days, 680 million SIREN (94% of the total supply) have been “splintered into smaller pieces” by the SIREN whale. This sell-off caused SIREN's price to drop from $1.3 to $0.05, a decline of 96%, netting approximately 64.8 million USDT.In terms of capital flow, approximately 200 million SIREN flowed into centralized exchanges (CEX) such as Binance, Gate, and KuCoin. The majority of the remaining tokens, after the price was driven below $0.1, were bought on-chain by hundreds of addresses, with each address purchasing an average of several hundred thousand SIREN (ranging from thousands to tens of thousands of US dollars in value).The SIREN whale address currently holds approximately 39.1 million USDT on-chain.
According to monitoring by on-chain analyst Yu Jin, from 10:00 AM yesterday to 12:00 AM midnight, the SIREN holder sold approximately 201 million SIREN on-chain over 14 hours, exchanging them for about 27.7 million USDT. Of this, 24.8 million USDT was transferred to Bitget and Bybit. Their on-chain SIREN holdings have dropped from 94% (682 million tokens) of the total supply to the current 66% (480 million tokens).
according to on-chain analyst Yu Jin's monitoring, since 10:00 AM, a SIREN whale has sold approximately 118 million SIREN tokens in exchange for 18 million USDT, causing SIREN to drop by 70%. Over the past 2 hours, they have transferred about 15 million USDT of that amount to Bitget.
according to on-chain analyst Yu Jin's monitoring, the SIREN whale has intensively sold approximately 17 million SIREN tokens (worth $6.75 million) through multiple addresses on-chain over the past 2 hours. This caused the SIREN price to drop by over 50%, falling from $0.47 to $0.23.This whale controls at least 94% of the total SIREN supply (680 million tokens). Since February, the whale has conducted 4 rounds of operations over a period of 4 months.
According to on-chain analyst Ai Aunt (@ai_9684xtpa), the $SIREN manipulator has replicated its previous tactics within the past six hours, withdrawing 1.369 million tokens—valued at approximately $2.45 million—from the Binance Alpha wallet. The current token concentration has exceeded 93%.
According to on-chain analytics platform Lookonchain (@lookonchain), a mysterious whale has withdrawn 31.55 million SIREN tokens from Binance Alpha over the past two weeks, valued at approximately $64.67 million. Meanwhile, the SIREN price surged over 150% today.
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.
According to on-chain analyst Yujin (@EmberCN), a group of addresses suspected to be linked to the SIREN market maker has been continuously withdrawing 30.07 million SIREN tokens—worth approximately $25.09 million—from the Binance Alpha wallet since April 5. During the same period, the SIREN price rebounded from $0.13 to $0.83. Previous analysis indicated that these market-maker-associated addresses controlled at least 88.5% of all SIREN tokens; including the aforementioned withdrawal addresses, their on-chain dominance may now exceed 93%. If centralized exchange holdings are also factored in, the proportion could be even higher.