SIREN's controlling address continues to see selling pressure, with prices falling approximately 95% from their high a week ago.

According to ME News, on June 14th (UTC+8), Ember Monitoring reported that the SIREN control address continued its on-chain sell-off, causing the token price to drop to $0.06, a decrease of approximately 95% from its high of $1.30 a week ago. On-chain data shows that the relevant address sold 360 million SIREN in about a day and a half, exchanging them for approximately 48.7 million USDT. They currently still hold approximately 319 million SIREN, representing 44% of the total supply. Ember pointed out that such tokens are typically difficult to acquire in such large quantities through a single on-chain sell-off; the control party may have simultaneously transferred tokens through other addresses and channels. (Source: ME)