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Data: An on-chain address spent 144,000 USDT half an hour ago to buy back 500,000 SIREN tokens.
ME News message, on April 1 (UTC+8), according to on-chain analyst Yu Jin’s monitoring, an on-chain “market maker” address of SIREN spent 144k USDT purchased back 500k SIREN about half an hour ago, at a price of $0.288. These 500k SIREN were the ones they sold in the first half of the previous month at a price of $0.947 and converted into 473k USDT. After the drop, they spent 144k USDT to buy them back. The SIREN controlling address is currently still holding 645 million SIREN, worth $155 million, while the value one week ago was $1.44 billion. (Source: ChainCatcher)