#siren Update 👀
Previously, SIREN had 90%+ concentration in top holders.
Now it dropped to around 70.96%.
This is a notable shift.
👉 Distribution is improving
👉 Extreme centralization is decreasing
But let’s be clear:
This is still not a healthy distribution.
Top holders controlling ~70% is still high.
Also important:
Not all top wallets are “whales” — some could be burn or exchange wallets.
So this data alone doesn’t eliminate manipulation risk.
What this actually means:
👉 The structure is becoming more tradable
👉 But volatility risk is still high
Moves from here can be aggressive:
- liquidity grabs
- fake breakouts
- sharp reversals
I’ll be watching price action, not just holder data.
Clean setup comes → I take it.$SIREN #Liquidations #whalemovement If you want to trade support me here⬇️
