Analyst: SIREN Token Controller Accumulates 484.6 Million Tokens, Accounting for 66.5% of Total Supply

ZkProver · 2026-03-22T15:21:26+00:00

On-chain analyst Ember detected that the SIREN controller consolidated approximately 484.6 million tokens distributed across hundreds of wallets into 48 wallets, accounting for 66.5% of total supply, valued at approximately $1.04 billion. The position cost was $21.8 million, with current unrealized gains of approximately 47x.

ZkProver

2026-03-22 15:21:26

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ChainCatcher reports that, according to on-chain analyst Yu Jin’s monitoring, the SIREN controlling party has consolidated chips scattered across hundreds of wallets into 48 wallets within the past few hours, involving approximately 48.46 million tokens, accounting for 66.5% of the total supply, with a current value of about $1.04 billion.

On-chain data shows that these chips were accumulated by hundreds of wallets at an average price of about $0.045 at the end of June 2025, costing approximately $21.8 million. Over the past month and a half, SIREN’s price has risen from $0.08 to $2.10, an increase of about 26 times; the unrealized profit on this position is approximately 47 times.

SIREN140.49%

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