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Market control at 93%! SIREN's behind-the-scenes funds are reaccumulating, causing the price to surge by 185% ⚠
On-chain data shows that SIREN's market structure is undergoing a significant change.
📊 Fund operation path:
In the early stage of the month, large related funds sold off heavily and dispersed their chips, causing the price to drop from about $2 to $0.13, and market sentiment to panic.
But the situation quickly reversed afterward.
Recent on-chain data shows that the related funds have reabsorbed market chips, and the control ratio over the token has now exceeded 93%, with market chips highly concentrated.
📈 Price performance:
As chips are re-concentrated, SIREN's price also rebounds rapidly:
Low point: $0.13
Current high point: about $2.18
Increase during this period: about 185%
💡 Professional interpretation:
When the market exhibits a highly controlled structure, prices tend to show more dramatic fluctuations:
The upward speed can be very fast
At the same time, the risk of a pullback also increases significantly
In simple terms, the current market trend is more dominated by funds rather than natural market demand.
🌱 Market insights:
In the crypto market,
Price is often just the result; fund behavior is the cause.
Truly mature traders don’t just look at rises and falls, but learn to read the trajectory of funds. 🚀