$SIREN The tokens controlled by the market maker are not just 66.5%, but 88.5% approximately 644 million SIREN, worth $1.44 billion.


If you add those they have on CEX, that is to say, this coin's market maker is performing a "solo act": controlling almost all spot holdings and profiting through futures contracts, this is the secret behind SIREN's 30x surge in a month and a half.
After the SIREN market maker densely consolidated 66.5% of tokens last night, I went through the SIREN Holders ranking again. I reached a conclusion:
Among the top 54 addresses in Holders ranking, except the first one is a burn wallet and the third is Binance Web3 wallet, the other 52 wallets all belong to this market maker. Among them, 48 are addresses that consolidated SIREN yesterday, and the other 4 wallets' SIREN can all be traced back to being purchased on the same days as other wallets at the end of June and early July last year.
The controller is very likely DWF Labs, whose public wallet holds 3 million SIREN. They transferred SIREN the day before yesterday, and yesterday there was dense consolidation of 66.5% of tokens, making it hard not to connect the two.
SIREN-84,24%
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