Siren token slides 70% after analysts flag concentrated holdings

In recent developments, onchain analyst EmberCN warned that Siren’s rally may stem from one party cornering spot supply to profit via derivatives. Looking closer, market participants highlight key drivers such…

Bubblemaps Flags Heavy Token Concentration as SIREN Rally Draws Scrutiny

In recent developments, sIREN’s explosive rise is now facing fresh scrutiny after onchain analytics show that a single entity may control roughly half the token’s supply. SIREN Rally Continues Despite…

Siren token surges 340% in 7 days, draws scrutiny over concentrated supply

In recent developments, arkham data shows a wallet cluster holding 644 million SIREN, about 88% of the 728 million circulating supply, raising manipulation concerns. Looking closer, market participants highlight key…