🚨 SIREN JUST COLLAPSED 95% IN ONE WEEK
Most people are focused on the price crash.
I'm focused on what's causing it.
$SIREN has fallen from $1.30 to nearly $0.06 after relentless selling pressure linked to a major controlling wallet.
According to on-chain tracking, roughly 360 million SIREN were sold within about 36 hours, generating around 48.7 million USDT.
The bigger concern?
The same entity reportedly still controls around 319 million SIREN, which represents approximately 44% of the total supply.
That means a massive amount of tokens remains concentrated in a single holder's hands.
When one address controls such a large percentage of supply, every sell-off becomes a risk event for investors.
The market isn't just reacting to what has already been sold.
It's reacting to what could still be sold next.
This is a reminder that token concentration matters just as much as hype, narratives, and price action.
Always check who owns the supply before chasing a pump. 📉🔥
#SIREN #CryptoCrash #Altcoins #CryptoNews #Trading #Bitcoin #CryptoMarket
