SIREN surges 152% in 24 hours, address cluster holds over $950 million in profits

Chainthink

Release Time: 03/22/2026 13:31:11

SIREN

$0.698112.01%

Summary

SIREN surges 152% in 24 hours, reaching $2.4 and a $1.65 billion market cap, making it one of the top altcoins to watch. On-chain data reveals a cluster transferred 484.6 million tokens from Hedgey Finance, valued at $1 billion—48.5% of the total supply. The cluster holds over $950 million in unrealized profits, underscoring extreme token concentration.

ChainThink report: On March 22, according to market data, SIREN surged above $2.40, with a 24-hour increase of over 152%, and a current market capitalization of approximately $1.65 billion.

According to MLM monitoring, over the past 24 hours, a cluster of addresses transferred 484.6 million SIREN tokens from Hedgey Finance, currently valued at approximately $1 billion, accounting for 48.5% of the total supply. The cluster’s unrealized profits exceed $950 million, indicating that SIREN is in a highly concentrated position.

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