SIREN token plunges more than 95% after whale sells 92% of total supply for $64.8 million
first published 2026-06-15T12:51:00Z
SIREN dropped over 95% after a single whale sold about 670 million tokens, or roughly 92% of supply, for an estimated 64.8 million USDT over two days. Onchain data showed 25.7 million USDT moved to exchanges, and the token's market cap fell from about $1.7 billion to roughly $102 million.
AI Analysis
The summary describes a massive whale liquidation, a 95%+ price collapse, and USDT flowing to exchanges, all of which point to intense near-term selling pressure and major market disruption.
Expected Investor Sentiment: Very Bearish
Potential Market Impact: High
Source Articles
- SIREN Token Collapses as Whale Dumps 92% of Total Supply for $64.8 Million - Bitcoin.com
- Shiba Inu (SHIB) Whales Choose Suppression: 4 Billion in 24 Hours Inflows Recorded - U.Today
- CoinDesk 20 performance update: Bittensor (TAO) surges 31.9%, leading index higher - CoinDesk
- SIREN Token Crashes 95% in a Week After Whale Sells 670M Tokens for $64.8M - The Defiant
