Latest Update
8/17/2026 8:05:00 AM

XPIN: Manipulators Dump 1.32B Tokens, Price Falls 29%

XPIN: Manipulators Dump 1.32B Tokens, Price Falls 29%

XPIN drops 29% to $0.0012 after 1.324B tokens worth $1.71M moved to Binance Alpha by SIREN dumpers.

Source

Analysis

XPIN plunged 29% from $0.0017 to $0.0012 after the same wallet cluster that crushed $SIREN 96% in June transferred 1.324 billion tokens valued at $1.71 million into Binance Alpha over two hours.

The move mirrors the earlier SIREN operation where 680 million tokens were offloaded for roughly 64.8 million USDT before addresses were fragmented across exchanges and on-chain wallets. With price testing lower Bollinger support at $0.0 while RSI(14) sits at 29.14 in oversold territory and MACD registers a bearish death cross below the zero line, the 4h structure points to continued downside pressure toward EMA50 support at $0.0 before any relief bounce materializes. Traders tracking XPIN price prediction now weigh the risk of further coordinated selling against potential oversold reversal setups.


余烬

@EmberCN

Analyst about On-chain Analysis