Huo Xing Finance reports, according to Yujin monitoring, since 10:00 today, the SIREN controlling address has accumulated the sale of approximately 118 million SIREN tokens, exchanged for 18 million USDT, causing a significant drop in SIREN’s price. Market data shows SIREN is currently trading at $0.132, down 73.39% over the past 24 hours.
SIREN price drops over 70% after 118 million tokens are dumped
MarsBitShare
Summary
The SIREN price experienced a sharp decline after a major holder sold 118 million tokens, converting them into 18 million USDT starting at 10 AM today. SIREN’s price fell 73.39% over 24 hours and is now trading at $0.132. The sell-off triggered immediate market volatility, with little indication of a rebound. Market observers are closely monitoring further price movements.
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