Crypto Jie Network news reports that, according to on-chain analyst Yu Jin monitoring, the suspected market-controlling address for Siren has concentrated and sold approximately 17 million Siren tokens through multiple on-chain addresses within the past 2 hours. Based on real-time prices, this is valued at about $6.75 million, causing Siren to fall more than 50% in a short period—dropping from $0.47 to approximately $0.23. Yu Jin said that the related addresses are suspected to control at least 94% of the total token supply, and since February they have carried out 4 rounds of such “long and short double-kill” operations.