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$SIREN The market maker's control ratio far exceeds the previously disclosed 66.5%, actually reaching 88.5%, corresponding to 644 million tokens with a market value of approximately $1.44 billion.
If including their holdings on centralized exchanges (CEX), this token has completely become a "solo performance" by the market maker. By monopolizing nearly all spot chips, the market maker is able to harvest precisely in the futures market—this is the core logic behind SIREN's 30x surge in just one and a half months.
After the market maker completed intensive consolidation of 66.5% of tokens last night, I re-examined the SIREN token holder address rankings, with the following conclusions:
Among the top 54 addresses, excluding burn wallets and Binance Web3 wallets, the remaining 52 addresses are all controlled by the same market maker. Of these, 48 are operation addresses that consolidated tokens last night, while the holdings in the other 4 wallets can all be traced back to the concentrated position-building period from late June to early July last year, perfectly aligning with the market maker's entry timing.
The behind-the-scenes controller points highly toward DWF Labs. Their public wallet holds 3 million SIREN, and after completing token transfers the day before, a large-scale consolidation of 66.5% of chips appeared yesterday. The timeline highly overlaps, with extremely strong correlation.
#Gate13周年全球庆典 #创作者冲榜 $SIREN