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SIREN bleeds as whale with 94% of supply keeps dumping
Jun 13, 2026
< 1 min read
by Ashish Kumar
for CryptoPolitan
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AI Overview
A whale controlling at least 94% of SIREN's circulating supply sold roughly 17 million tokens across multiple wallets over two hours on Friday, driving the price down from $0.47 to $0.23. On-chain analysts say this follows months-long manipulation and underscores severe supply centralization, market risk and security concerns for token holders and exchanges, hurting adoption and price stability.
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A whale controlling the vast majority of SIREN’s token supply sold roughly 17 million tokens through multiple wallets over two hours on Friday, crashing the price from $0.47 to $0.23. The sell-off follows a months-long pattern of manipulation by a single entity that on-chain analysts say controls at least 94% of all SIREN in circulation....
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In This News
Coins
$ 0.0634
+1.39%Predictions Markets
See what traders are focused on
Share: