Data: SIREN controller sold 17 million tokens, causing the price to halve

According to on-chain analyst Yu Jin's monitoring, the SIREN controller has intensively sold approximately 17 million SIREN on-chain through multiple addresses in the past 2 hours, worth 6.75 million USD, causing the SIREN price to drop over 50%, from 0.47 USD to 0.23 USD.

The controller holds at least 94% of the total SIREN supply (680 million). Since February, the controller has conducted 4 rounds of operations in 4 months.