PANews reported on April 1 that, according to on-chain analyst Yu Jin, SIREN fell by 86% today. However, an on-chain address that controlled the SIREN market bought back 500,000 SIREN for 144,000 USDT half an hour ago at a price of $0.288.
They sold these 500,000 SIREN tokens at $0.947 each in the first half of the month, exchanging them for 473,000 USDT. After the price drop today, they bought them back for 144,000 USDT, so they didn't lose any tokens but made a profit of 329,000 USDT.
The SIREN controlling address currently holds 645 million SIREN tokens, worth $155 million. A week ago, the value was $1.44 billion.
