SIREN token supply is heavily concentrated, with approximately 88.5% controlled by whales, according to monitoring by @EmberCN. This concentration increases to nearly the entire supply when including centralized exchange (CEX) holdings. Among the top 54 holders, 52 addresses are linked to a single entity, excluding the burn address and Binance Web3 wallet. Notably, 48 of these addresses were recently consolidated, while 4 trace back to purchases made between late June and early July last year. The entity suspected of controlling this concentration is DWF Labs, whose public wallet holds about 3 million SIREN tokens. This wallet was active in moving tokens prior to a 66.5% consolidation. The significant concentration of SIREN tokens is associated with a 30-fold price increase over a period of one and a half months.