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Secret funds quietly accumulating! SIREN rebounded from $0.13 to $0.83, whales may have already pre-positioned 🐋
On-chain data shows that after a sharp decline, SIREN exhibits clear signs of large capital accumulation.
📉 Market review:
At the beginning of the month, SIREN's price dropped from about $2 to $0.13, and market sentiment was extremely pessimistic.
But starting from April 5th, the situation began to change.
📊 On-chain fund movements:
A batch of addresses continuously withdrew SIREN from the Alpha exchange wallet:
Total withdrawal: approximately 30.07 million SIREN
Withdrawal value: about $25.09 million
As the chips are continuously transferred out, market circulation decreases, and the price begins to rebound rapidly.
📈 Price performance:
SIREN has rebounded from $0.13 to approximately $0.83, with a significant increase.
However, on-chain data also shows that the holdings of these related addresses have become relatively high, and market chips are gradually consolidating.
💡 Professional analysis:
When large funds continuously withdraw coins at low levels, it often signals two things:
1️⃣ Funds are accumulating long-term
2️⃣ Market circulating chips are decreasing
But at the same time, overly concentrated chips may also bring greater volatility risks.
🌱 Market insights:
The cruelest point of the market is—
Most people panic-sell at the worst times, which is often when smart funds start to buy in.
The real opportunity is usually reserved for those who remain calm amid fear. 🚀