SIREN experienced a dramatic 86% drop in value today, raising concerns about its future. However, a major holder strategically repurchased 500,000 SIREN tokens for $144,000 USDT at $0.288 each. This buyback follows their previous sale of the same amount at $0.947, netting a profit of $329,000 USDT.
Despite the recent downturn, the controlling address still holds 645 million SIREN tokens, valued at $155 million, a significant decrease from $1.44 billion a week ago. This move highlights the volatility and strategic trading maneuvers within the SIREN market.
SIREN Plummets 86% Amidst Strategic Buyback by Major Holder
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