Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Recently, Bitcoin has been oscillating and retracing, while altcoins are experiencing bloodbaths. On-chain data shows SIREN playing a game of high selling and low buying.
There is a manipulative address that spent 144,000 USDT to buy back 500,000 $SIREN tokens, with the price only at $0.288. Half a month ago, it was sold at a high of $0.947, easily earning 473,000 USDT.
Today, it bought back at a low price, with no change in holdings, netting a pure profit of 329,000 USDT. Impressive, right? It still holds 645 million SIREN tokens, worth $155 million, but a week ago, these tokens were worth $1.44 billion. The price was directly hammered down to the floor, yet the whale remains unharmed and continues to control the market.
Whales play their swings so smoothly, while retail investors are on an emotional rollercoaster—these kinds of market manipulations are common in small coins, especially with poor liquidity and chaotic news, making it easy for big players to toy with them.
The crypto market is not a zero-sum game; it’s a playground for whales. Ordinary players wanting to make gains should analyze on-chain data, avoid FOMO buying at highs, and stay calm to cut losses.
Do you think this address will pump and dump or continue to wash out? Is a new story about to unfold? DYOR
#SIREN