LATEST CRYPTO DISASTER – $SIREN COLLAPSE
#SIREN has turned into one of the most extreme crashes of this cycle, falling more than 90% in just 5 days.
In total, over $760M in market cap has been wiped out after a major holder sold $7.5M worth of tokens, triggering panic across the market.
What makes this situation even more critical is the concentration of supply:
One whale still controls around 595M $SIREN tokens, roughly 82% of circulating supply.
That means the risk is not fully over yet.
Context makes this even more brutal:
Just weeks ago, #SIERN was up more than 200% in 10 days, adding over $600M in value before the entire move reversed aggressively.
This is a clear example of how fast liquidity can rotate in low-float assets:
• Parabolic upside
• Extreme distribution
• Sharp downside collapse
For traders, this is a reminder:
When supply is concentrated, volatility is not a possibility — it’s guaranteed.
$SIREN is now in full reset mode, and the market is still digesting the fallout.