SIREN: Whale Sells 670M Tokens, Price Crashes 90%

SIREN whale offloaded 670M tokens representing 92% of total supply across two days, pocketing 64.8M USDT and triggering a price collapse exceeding 90%.

Of proceeds, 25.7M USDT landed on Bitget and Bybit while 39.1M stays on-chain, leaving the wallet with 478M SIREN still to sell. SIREN price prediction models now face heavy pressure from ongoing distribution that echoes recent crypto market crash patterns. On the 4h chart SIREN trades at 0.1 dollars inside the Bollinger band with price testing upper resistance near 0.58 dollars while RSI at 21.62 signals deep oversold conditions and MACD registers a bullish cross; the structure remains bearish as price sits well below EMA50 at 0.47 dollars and EMA200 at 0.65 dollars, pointing to likely rejection at band resistance before any test of lower support near negative 0.12 dollars.