SIRENSIREN Price

On June 13, on-chain analyst Yu Jin reported that SIREN whales have intensively sold approximately 17 million SIREN (worth $6.75 million) through multiple addresses in the past 2 hours, causing SIREN to plummet by over 50% (from $0.47 to $0.23). The SIREN whales control at least 94% of the total supply (680 million coins). They repeatedly sell off to short sellers and then buy back, driving the price up several times before crashing it again. They have harvested four rounds of profit over the past four months since February.

On April 17, according to Poloniex market data, SIREN surged over 174% from $0.83, spiking to $2.278, before plummeting 88% to a current price of $0.271. Additionally, data from Coinglass shows that SIREN experienced $7.14 million in liquidations over the past 24 hours, with $3.75 million in long positions and $3.4 million in short positions being liquidated.

On April 17, on-chain analyst Yu Jin reported that after selling off dispersed tokens at the beginning of the month, SIREN whales have reclaimed tokens, increasing their control to over 93%. This has led to intensified market activity, with SIREN recently rising by 185%, recovering from a previous low of $0.13 to $2.18.