SIREN rebounded from $0.13 to about $0.83 after 30.07 million tokens worth roughly $25.09 million were withdrawn from Binance Alpha wallets starting April 5. The new report adds that, according to on-chain analyst EmberCN, the withdrawals were made by a suspected manipulation address rather than unspecified addresses. On-chain data cited in the update shows that this address controls at least 93% of SIREN tokens, with total holdings potentially higher if additional tokens are held on centralized exchanges, intensifying concerns about concentration and market influence.