The controlling party of the SIREN token has amassed 484.6 million tokens, representing 66.5% of the total supply, with a market value of $1.04 billion.

This article is machine translated
Show original

According to TechFlow TechFlow, on March 22, according to on-chain analyst EmberCN, the SIREN controllers have consolidated tokens scattered across hundreds of wallets into 48 wallets in the past few hours, involving approximately 484.6 million tokens, accounting for 66.5% of the total supply, with a current value of approximately $1.04 billion.

On-chain data shows that the aforementioned tokens were accumulated through hundreds of wallets at an average price of approximately $0.045 at the end of June 2025, totaling approximately $21.8 million. SIREN has risen from $0.08 to $2.1 in the past month and a half, an increase of approximately 26 times; the aforementioned holdings have realized a floating profit of approximately 47 times.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments