SIREN Whale Sells 670 Million Tokens in Two Days, Cashing Out 64.8 Million USDT

News Editor

2026-06-15 05:00:52

According to Lookonchain, a SIREN whale sold 670 million SIREN within two days, equal to 92% of the total supply. The token price fell by more than 90%, while the whale cashed out 64.8 million USDT.

SIRENWhaleLookonchainBitgetBybit

TechFlow reported on June 15 that on-chain analytics platform Lookonchain (@lookonchain) detected a large SIREN whale selling 670 million SIREN within just two days. The amount represented 92% of the token’s total supply. Following the selloff, the price of SIREN plunged by more than 90%, according to the monitoring data cited in the report.

Lookonchain said the whale has cashed out a total of 64.8 million USDT. Of that amount, 25.7 million USDT has already been deposited into the Bitget and Bybit exchanges. Another 39.1 million USDT remains on-chain.

The reported movement centers on three figures: the 670 million SIREN sold, the 92% share of total supply involved, and the 64.8 million USDT in proceeds. Lookonchain also stated that, with 39.1 million USDT still remaining on-chain, the selloff may not be over.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.

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