X @Wu Blockchain

According to monitoring by @EmberCN, SIREN whales control about 88.5% of the supply, rising to nearly all spot when including CEX holdings. Among the top 54 holders, 52 addresses belong to the same entity, excluding the burn address and Binance Web3 wallet; 48 were recently consolidated and 4 trace back to buys in late June to early July last year. The concentration is linked to SIREN’s 30x rise in one and a half months. The entity is suspected to be DWF Labs, whose public wallet holds about 3 million SIREN ...