24-hour surge of 152%, price broke through $2.4 in one fell swoop, market cap instantly reached $1.65 billion This morning checking the charts had my eyes wide open, this dark horse was lying flat yesterday, today it's pulling up like it's been injected with chicken blood, X is already flooded with "brother I went all in" "I missed the boat", that mixed feeling of envy and regret, don't you feel the same way?
The more brutal part is yet to come On-chain data shows that over the past day, an address cluster directly withdrew 484.6 million $SIREN from Hedgey Finance, worth approximately $1 billion, accounting for 48.5% of total supply. These whales' unrealized gains have already exceeded $950 million, basically controlling nearly half the kingdom
Seeing such a highly concentrated control situation, it sends chills down the spine Big money daring to push this hard suggests there's likely a real story or new DeFi gameplay behind it With 48.5% of chips in the same cluster's hands, price can pump whenever they want, can dump whenever they want. We retail investors rushing in to get soup crumbs are easy, but if we're slow to exit we can only drink the wind
This reminds me of those early controlled projects from before, short-term pump and then a mess left behind. Will SIREN repeat history, or can it really break out into a new track? 🤔 #SIREN
Pin insertion short squeeze profit-taking instantly turned into stop-loss, rapid large price swings back and forth, executed dozens of orders in quick succession and got trapped, then went all-in to break even, this coin liquidated too easily, lucky this time, won't touch it again.
SIREN today exploded directly
24-hour surge of 152%, price broke through $2.4 in one fell swoop, market cap instantly reached $1.65 billion
This morning checking the charts had my eyes wide open, this dark horse was lying flat yesterday, today it's pulling up like it's been injected with chicken blood, X is already flooded with "brother I went all in" "I missed the boat", that mixed feeling of envy and regret, don't you feel the same way?
The more brutal part is yet to come
On-chain data shows that over the past day, an address cluster directly withdrew 484.6 million $SIREN from Hedgey Finance, worth approximately $1 billion, accounting for 48.5% of total supply. These whales' unrealized gains have already exceeded $950 million, basically controlling nearly half the kingdom
Seeing such a highly concentrated control situation, it sends chills down the spine
Big money daring to push this hard suggests there's likely a real story or new DeFi gameplay behind it
With 48.5% of chips in the same cluster's hands, price can pump whenever they want, can dump whenever they want. We retail investors rushing in to get soup crumbs are easy, but if we're slow to exit we can only drink the wind
This reminds me of those early controlled projects from before, short-term pump and then a mess left behind. Will SIREN repeat history, or can it really break out into a new track? 🤔
#SIREN