SIREN insiders hold approximately 644 million tokens, accounting for 88.5% of the total supply.

Techub News reports, according to monitoring by X user Yujin, the SIREN controlling party holds approximately 644 million SIREN (worth about $1.44 billion), accounting for 88.5% of the total supply. Among the top 54 holder addresses, excluding the burn wallet and the Binance Web3 wallet, the other 52 wallets all belong to the SIREN controlling party. Among these, 48 are addresses that aggregated approximately 484.6 million SIREN yesterday, and the SIREN in the other 4 wallets can also be traced back to purchases made around late June and early July last year, similar to other wallets.

Yujin stated, "The controlling party is likely DWF Labs, as their public wallet holds 3 million SIREN. They transferred SIREN the day before yesterday, and yesterday saw a concentrated aggregation of 66.5% of the tokens, making it hard not to draw a connection."