CoinFeed
The SIREN control address withdrew 30.07 million tokens from Binance Alpha, increasing its control to over 93%. - CoinFeed
Time 02:02

The SIREN control address withdrew 30.07 million tokens from Binance Alpha, increasing its control to over 93%.

April 16, 2026
CoinFeed News

CoinFeed reported on April 16th that, according to on-chain analyst Yu Jin, after SIREN's price plummeted 94% from $2 to $0.13 at the beginning of the month, a batch of addresses began withdrawing large amounts of SIREN from the Binance Alpha wallet starting April 5th. As of now, these addresses have withdrawn a total of 30.07 million SIREN ($25.09 million). During this period, SIREN rebounded from $0.13 to $0.83. Previous statistics showed that SIREN manipulators controlled at least 88.5% of the SIREN supply, and these addresses withdrawing from the Binance Alpha wallet likely also belong to these manipulators. From an on-chain perspective alone, SIREN manipulators control at least 93% of the tokens; this figure would be even higher if holdings on centralized exchanges are included.

Back to News Feed