Address '0x78c...dBE18'… Bought at 117 won per unit, sold at 2,451 won, realizing a 21x profit.
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Source = CoinMarketCap (CMC)
1.27 million units acquired at 118 won each… Total investment of 149.66 million won
According to on-chain data, wallet address 0x78c...dBE18 accumulated a total of 1.27 million SIREN tokens at a price of $0.07827 (KRW 118) per token. The total purchase amount was approximately $99,400 (KRW 149.66 million), with funds of around 150 million KRW invested. This entry point corresponds to the very early stages when SIREN was virtually unknown, prior to the market's attention.
Sold all shares when SIREN reached $1.64… Recovered 3.13576 billion won
The address sold its entire holdings of SIREN tokens when the price reached $1.64 (KRW 2,469) per token. The total sale amounted to approximately $2,082,800 (KRW 3.13576 billion), recovering an amount equivalent to about 21 times the purchase principal. The net profit realized through this was approximately $1,983,397 (KRW 2.9861 billion), which was confirmed to be over $2 million (KRW 3.0111 billion) according to official figures.
Check funding transaction history with DWF Labs
Tracking by analyst Ai revealed that the wallet address in question has a history of direct financial transactions with DWF Labs. DWF Labs is a global market maker (MM) whose involvement was previously raised in on-chain analyses related to SIREN. With the confirmation of a financial link between the address used for bottom-point accumulation and DWF Labs, questions are once again being raised regarding whether organized forces were involved in the surge in SIREN's price.
It should be noted that SIREN is an asset with extremely high price volatility, as a separate on-chain analysis has raised that a single entity currently controls 88.5% of the total circulating supply.
Choi Joo-hoon joohoon@blockstreet.co.kr
