SIREN, AKE, XPIN, and BTR are suspected to be operated by the same market-making team
2026-08-17 17:53:14
According to CoinMeta, and as monitored by on-chain analyst Yu Jin, SIREN, AKE, XPIN, and BTR are suspected to be operated by the same market-making team, which has all experienced price increases of over 10 times. Associated addresses indicate that AKE is likely to be controlled by a market maker who manipulates SIREN. This market maker has been involved in trading SIREN, AKE, XPIN, and BTR, with each of these assets also experiencing price increases of over 10 times under their control. AKE fell by about 60% at the beginning of July, but then rose 52 times within a month after long-position funds withdrew. The relevant addresses were used to manipulate SIREN and were also utilized to transfer XPIN to Binance Alpha.
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Source:Internet
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