Siren crypto crashes 75% after major whale offloads 17 million tokens
Siren crypto crashes 75% after major whale offloads 17 million tokens
SIREN crashed about 75% to $0.126 after a whale reportedly sold 17 million tokens across multiple wallets.Open interest fell nearly 40% to $28 million as traders unwound positions and reduced leverage.The sell-off renewed concerns over token concentration, with analyst EmberCN claiming whales control 94% of SIREN’s supply.