A large amount of $SIREN has reportedly been moved to centralized exchanges, increasing fears of continued selling pressure. 📉

SIRENUSDT

Perp

0.0466

-19.79%

🔸 24.8M USDT worth transferred to CEXs

🔸 On-chain holdings dropped from 682M (94% of supply) to 480M (66%)

🔸 Supply remains highly concentrated.

When a small number of wallets control a large percentage of supply, their actions can have a major impact on price and market sentiment.

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