{"id":74065,"date":"2026-06-15T12:57:53","date_gmt":"2026-06-15T12:57:53","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/siren-token-collapses-as-whale-dumps-92-of-total-supply-for-64-8-million\/"},"modified":"2026-06-15T12:57:53","modified_gmt":"2026-06-15T12:57:53","slug":"siren-token-collapses-as-whale-dumps-92-of-total-supply-for-64-8-million","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/siren-token-collapses-as-whale-dumps-92-of-total-supply-for-64-8-million\/","title":{"rendered":"SIREN Token Collapses as Whale Dumps 92% of Total Supply for $64.8 Million"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<p><span style=\"font-weight:400\"><\/p>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">A single whale sold about 670 million SIREN, or 92% of supply, for 64.8 million USDT, crashing the asset\u2019s price by over 95%.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">SIREN\u2019s market cap fell from roughly $1.7 billion to about $102 million, down nearly 96% from its all-time high.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Lookonchain says 25.7 million USDT moved to exchanges, signaling possible further selling ahead.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p><\/span><\/p>\n<h2><span style=\"font-weight:400\">One Wallet, a 95% Collapse<\/span><\/h2>\n<p><span style=\"font-weight:400\">A lone <span>whale<\/span> sold roughly 670 million SIREN, or about 92% of the token\u2019s total supply, in just two days, sending its price down more than 95%.<\/span><span style=\"font-weight:400\"> In exchange, the seller received 64.8 million <span>USDT<\/span>, a dollar-pegged <span>stablecoin<\/span> issued by Tether.<\/span><\/p>\n<p><span style=\"font-weight:400\">Of that haul, 25.7 million <span>USDT<\/span> was deposited to exchanges, typically a precursor to further selling, while 39.1 million <span>USDT<\/span> remained onchain. The concentration of supply in a single wallet left the token acutely vulnerable to exactly this kind of cascade.<\/span><\/p>\n<figure id=\"attachment_823160\" aria-describedby=\"caption-attachment-823160\" style=\"width:2560px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-823160\" class=\"wp-caption-text\">Data showingcasing the <span>whale<\/span>\u2019s massive SIREN dump, per Arkham<\/figcaption><\/figure>\n<p><span style=\"font-weight:400\">The collapse capped a spectacular round trip for SIREN, an artificial-intelligence-themed <span>memecoin<\/span>, which had surged thousands of percent before its market capitalization unwound from about <\/span><span style=\"font-weight:400\">$1.7 billion to roughly $102 million (<\/span><span style=\"font-weight:400\">a decline of around 96% from its year-to-date high)<\/span><span style=\"font-weight:400\">.<\/span><\/p>\n<h2><span style=\"font-weight:400\">Anatomy of a Supply Shock<\/span><\/h2>\n<p><span style=\"font-weight:400\">Onchain investigators flagged extreme concentration ahead of the crash, with some estimates putting as much as <\/span><span style=\"font-weight:400\">94% of SIREN\u2019s supply<\/span><span style=\"font-weight:400\"> in a single entity\u2019s control. When that holder began selling, the thin order book offered little support.<\/span><\/p>\n<p><span style=\"font-weight:400\">The most acute leg of the drawdown saw SIREN fall <\/span><span style=\"font-weight:400\">about 75% in 24 hours<\/span><span style=\"font-weight:400\"> on June 13, dropping to around $0.126. The selling pressure routed large transfers to exchanges such as Bitget and triggered more than <\/span><span style=\"font-weight:400\">$2.4 million in long liquidations<\/span><span style=\"font-weight:400\"> as leveraged bulls were wiped out. <span>Trading volume<\/span> spiked to roughly $191 million amid the panic.<\/span><\/p>\n<figure id=\"attachment_823165\" aria-describedby=\"caption-attachment-823165\" style=\"width:590px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-823165\" src=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/06\/siren-token-collapses-as-whale-dumps-92-of-supply-for-64-8-million3_nwmk.jpg\" alt=\"Tweet from March discussing SIREN's unusual token concentration.\" width=\"590\" height=\"180\" srcset=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/06\/siren-token-collapses-as-whale-dumps-92-of-supply-for-64-8-million3_nwmk-300x92.jpg 300w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/06\/siren-token-collapses-as-whale-dumps-92-of-supply-for-64-8-million3_nwmk.jpg 590w\" sizes=\"auto, (max-width: 590px) 100vw, 590px\"\/><figcaption id=\"caption-attachment-823165\" class=\"wp-caption-text\">Image source: X<\/figcaption><\/figure>\n<p><span style=\"font-weight:400\">For a token whose supply was so tightly held, the episode followed a familiar pump-and-dump template, in which a dominant holder distributes into retail demand before the price implodes.<\/span><\/p>\n<h2><span style=\"font-weight:400\">A Tale Seen by <span>Memecoin<\/span> Traders Before<\/span><\/h2>\n<p><span style=\"font-weight:400\">The SIREN unwind has once again brought to light the risks associated with low-float, high-concentration tokens, i.e. assets where one address controls the overwhelming majority of its supply. <\/span><span style=\"font-weight:400\"> Concentrated ownership has repeatedly amplified <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-volatility\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">volatility<\/a> across the <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-a-memecoin\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">memecoin<\/a> sector, turning thinly traded tokens into vehicles for sudden, total drawdowns.<\/span><\/p>\n<p><span style=\"font-weight:400\">With the bulk of SIREN\u2019s supply now liquidated and tens of millions in <a href=\"https:\/\/buy.bitcoin.com\/?utm_source=News\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">USDT<\/a> already parked on exchanges, the token\u2019s path forward looks bleak. The next thing traders will watch is whether the remaining 39.1 million <a href=\"https:\/\/buy.bitcoin.com\/?utm_source=News\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">USDT<\/a> will signal more selling to come and whether any genuine demand remains for a token that just shed close to its entire value.<\/span><\/p>\n<div class=\"not-prose my-3 lg:my-4\"><a aria-label=\"Read Now: ZachXBT Names RAVE, RIVER, SIREN, and LAB as Victims of Bitget-Enabled Market Maker Fraud\" class=\"block overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] no-underline focus-visible:outline-none focus-visible:ring-2 focus-visible:ring-[#4169E1] focus-visible:ring-offset-2 flex flex-col md:hidden\" href=\"https:\/\/news.bitcoin.com\/zachxbt-bitget-supply-control-manipulation-rave-river-siren-lab-2026\/\"><\/p>\n<div class=\"relative aspect-video w-full overflow-hidden rounded-[15px]\"><img alt=\"ZachXBT Names RAVE, RIVER, SIREN, and LAB as Victims of Bitget-Enabled Market Maker Fraud\" loading=\"lazy\" decoding=\"async\" data-nimg=\"fill\" class=\"object-cover\" style=\"position:absolute;height:100%;width:100%;left:0;top:0;right:0;bottom:0;color:transparent\" sizes=\"(max-width: 768px) calc(100vw - 18px)\" srcset=\"\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fzachxbt-names-rave-river-siren-and-lab-as-victims-of-bitget-enabled-market-maker-fraud-760x428.jpg&amp;w=32&amp;q=75 32w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fzachxbt-names-rave-river-siren-and-lab-as-victims-of-bitget-enabled-market-maker-fraud-760x428.jpg&amp;w=48&amp;q=75 48w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fzachxbt-names-rave-river-siren-and-lab-as-victims-of-bitget-enabled-market-maker-fraud-760x428.jpg&amp;w=64&amp;q=75 64w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fzachxbt-names-rave-river-siren-and-lab-as-victims-of-bitget-enabled-market-maker-fraud-760x428.jpg&amp;w=128&amp;q=75 128w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fzachxbt-names-rave-river-siren-and-lab-as-victims-of-bitget-enabled-market-maker-fraud-760x428.jpg&amp;w=256&amp;q=75 256w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fzachxbt-names-rave-river-siren-and-lab-as-victims-of-bitget-enabled-market-maker-fraud-760x428.jpg&amp;w=384&amp;q=75 384w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fzachxbt-names-rave-river-siren-and-lab-as-victims-of-bitget-enabled-market-maker-fraud-760x428.jpg&amp;w=640&amp;q=75 640w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fzachxbt-names-rave-river-siren-and-lab-as-victims-of-bitget-enabled-market-maker-fraud-760x428.jpg&amp;w=828&amp;q=75 828w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fzachxbt-names-rave-river-siren-and-lab-as-victims-of-bitget-enabled-market-maker-fraud-760x428.jpg&amp;w=1080&amp;q=75 1080w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fzachxbt-names-rave-river-siren-and-lab-as-victims-of-bitget-enabled-market-maker-fraud-760x428.jpg&amp;w=1200&amp;q=75 1200w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fzachxbt-names-rave-river-siren-and-lab-as-victims-of-bitget-enabled-market-maker-fraud-760x428.jpg&amp;w=1920&amp;q=75 1920w\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fzachxbt-names-rave-river-siren-and-lab-as-victims-of-bitget-enabled-market-maker-fraud-760x428.jpg&amp;w=1920&amp;q=75\"\/><\/p>\n<h3 class=\"absolute inset-x-0 bottom-0 m-0 p-3 text-xl font-bold capitalize leading-[1.17] tracking-[-0.4px] !text-white\">ZachXBT Names RAVE, RIVER, SIREN, and LAB as Victims of Bitget-Enabled Market Maker Fraud<\/h3>\n<\/div>\n<div class=\"flex flex-col gap-2.5 px-1 pt-2.5 pb-1\">\n<p class=\"m-0 line-clamp-2 text-xs leading-[1.3] !text-[#67656E]\">Blockchain investigator ZachXBT has renewed his assault on Bitget, accusing the exchange of knowingly enabling market makers to run supply\u2026<\/p>\n<p><span aria-hidden=\"true\" class=\"flex items-center justify-center rounded-pill bg-[#4169E1] text-sm font-medium text-white h-[38px] w-full\">Read Now<\/span><\/div>\n<p><\/a><a aria-label=\"Read Now: ZachXBT Names RAVE, RIVER, SIREN, and LAB as Victims of Bitget-Enabled Market Maker Fraud\" class=\"block overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] no-underline focus-visible:outline-none focus-visible:ring-2 focus-visible:ring-[#4169E1] focus-visible:ring-offset-2 hidden md:flex md:flex-row md:gap-3 lg:hidden\" href=\"https:\/\/news.bitcoin.com\/zachxbt-bitget-supply-control-manipulation-rave-river-siren-lab-2026\/\"><\/p>\n<div class=\"relative size-[150px] min-w-[150px] shrink-0 overflow-hidden rounded-[15px]\"><img alt=\"ZachXBT Names RAVE, RIVER, SIREN, and LAB as Victims of Bitget-Enabled Market Maker Fraud\" loading=\"lazy\" decoding=\"async\" data-nimg=\"fill\" class=\"object-cover\" style=\"position:absolute;height:100%;width:100%;left:0;top:0;right:0;bottom:0;color:transparent\" sizes=\"150px\" srcset=\"\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fzachxbt-names-rave-river-siren-and-lab-as-victims-of-bitget-enabled-market-maker-fraud-150x150.jpg&amp;w=32&amp;q=75 32w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fzachxbt-names-rave-river-siren-and-lab-as-victims-of-bitget-enabled-market-maker-fraud-150x150.jpg&amp;w=48&amp;q=75 48w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fzachxbt-names-rave-river-siren-and-lab-as-victims-of-bitget-enabled-market-maker-fraud-150x150.jpg&amp;w=64&amp;q=75 64w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fzachxbt-names-rave-river-siren-and-lab-as-victims-of-bitget-enabled-market-maker-fraud-150x150.jpg&amp;w=128&amp;q=75 128w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fzachxbt-names-rave-river-siren-and-lab-as-victims-of-bitget-enabled-market-maker-fraud-150x150.jpg&amp;w=256&amp;q=75 256w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fzachxbt-names-rave-river-siren-and-lab-as-victims-of-bitget-enabled-market-maker-fraud-150x150.jpg&amp;w=384&amp;q=75 384w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fzachxbt-names-rave-river-siren-and-lab-as-victims-of-bitget-enabled-market-maker-fraud-150x150.jpg&amp;w=640&amp;q=75 640w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fzachxbt-names-rave-river-siren-and-lab-as-victims-of-bitget-enabled-market-maker-fraud-150x150.jpg&amp;w=828&amp;q=75 828w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fzachxbt-names-rave-river-siren-and-lab-as-victims-of-bitget-enabled-market-maker-fraud-150x150.jpg&amp;w=1080&amp;q=75 1080w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fzachxbt-names-rave-river-siren-and-lab-as-victims-of-bitget-enabled-market-maker-fraud-150x150.jpg&amp;w=1200&amp;q=75 1200w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fzachxbt-names-rave-river-siren-and-lab-as-victims-of-bitget-enabled-market-maker-fraud-150x150.jpg&amp;w=1920&amp;q=75 1920w\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fzachxbt-names-rave-river-siren-and-lab-as-victims-of-bitget-enabled-market-maker-fraud-150x150.jpg&amp;w=1920&amp;q=75\"\/><\/p>\n<div class=\"absolute left-2 top-2\"><img alt=\"Bitcoin.com News\" loading=\"lazy\" width=\"28\" height=\"28\" decoding=\"async\" data-nimg=\"1\" class=\"size-7\" style=\"color:transparent\" srcset=\"\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=32&amp;q=75 1x, \/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75 2x\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75\"\/><\/div>\n<\/div>\n<div class=\"flex min-w-0 flex-1 flex-col justify-between gap-2\">\n<h3 class=\"m-0 line-clamp-3 text-xl font-bold capitalize leading-[1.17] tracking-[-0.4px] !text-[#1C1C1C]\">ZachXBT Names RAVE, RIVER, SIREN, and LAB as Victims of Bitget-Enabled Market Maker Fraud<\/h3>\n<p class=\"m-0 line-clamp-2 text-sm leading-[1.3] !text-[#67656E]\">Blockchain investigator ZachXBT has renewed his assault on Bitget, accusing the exchange of knowingly enabling market makers to run supply\u2026<\/p>\n<p><span aria-hidden=\"true\" class=\"flex items-center justify-center rounded-pill bg-[#4169E1] text-sm font-medium text-white h-[38px] w-full\">Read Now<\/span><\/div>\n<p><\/a><a aria-label=\"Read Now: ZachXBT Names RAVE, RIVER, SIREN, and LAB as Victims of Bitget-Enabled Market Maker Fraud\" class=\"block overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] no-underline focus-visible:outline-none focus-visible:ring-2 focus-visible:ring-[#4169E1] focus-visible:ring-offset-2 hidden lg:flex lg:flex-row lg:gap-4\" href=\"https:\/\/news.bitcoin.com\/zachxbt-bitget-supply-control-manipulation-rave-river-siren-lab-2026\/\"><\/p>\n<div class=\"relative size-[150px] min-w-[150px] shrink-0 overflow-hidden rounded-[15px]\"><img alt=\"ZachXBT Names RAVE, RIVER, SIREN, and LAB as Victims of Bitget-Enabled Market Maker Fraud\" loading=\"lazy\" decoding=\"async\" data-nimg=\"fill\" class=\"object-cover\" style=\"position:absolute;height:100%;width:100%;left:0;top:0;right:0;bottom:0;color:transparent\" sizes=\"150px\" srcset=\"\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fzachxbt-names-rave-river-siren-and-lab-as-victims-of-bitget-enabled-market-maker-fraud-150x150.jpg&amp;w=32&amp;q=75 32w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fzachxbt-names-rave-river-siren-and-lab-as-victims-of-bitget-enabled-market-maker-fraud-150x150.jpg&amp;w=48&amp;q=75 48w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fzachxbt-names-rave-river-siren-and-lab-as-victims-of-bitget-enabled-market-maker-fraud-150x150.jpg&amp;w=64&amp;q=75 64w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fzachxbt-names-rave-river-siren-and-lab-as-victims-of-bitget-enabled-market-maker-fraud-150x150.jpg&amp;w=128&amp;q=75 128w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fzachxbt-names-rave-river-siren-and-lab-as-victims-of-bitget-enabled-market-maker-fraud-150x150.jpg&amp;w=256&amp;q=75 256w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fzachxbt-names-rave-river-siren-and-lab-as-victims-of-bitget-enabled-market-maker-fraud-150x150.jpg&amp;w=384&amp;q=75 384w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fzachxbt-names-rave-river-siren-and-lab-as-victims-of-bitget-enabled-market-maker-fraud-150x150.jpg&amp;w=640&amp;q=75 640w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fzachxbt-names-rave-river-siren-and-lab-as-victims-of-bitget-enabled-market-maker-fraud-150x150.jpg&amp;w=828&amp;q=75 828w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fzachxbt-names-rave-river-siren-and-lab-as-victims-of-bitget-enabled-market-maker-fraud-150x150.jpg&amp;w=1080&amp;q=75 1080w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fzachxbt-names-rave-river-siren-and-lab-as-victims-of-bitget-enabled-market-maker-fraud-150x150.jpg&amp;w=1200&amp;q=75 1200w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fzachxbt-names-rave-river-siren-and-lab-as-victims-of-bitget-enabled-market-maker-fraud-150x150.jpg&amp;w=1920&amp;q=75 1920w\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fzachxbt-names-rave-river-siren-and-lab-as-victims-of-bitget-enabled-market-maker-fraud-150x150.jpg&amp;w=1920&amp;q=75\"\/><\/p>\n<div class=\"absolute left-2 top-2\"><img alt=\"Bitcoin.com News\" loading=\"lazy\" width=\"28\" height=\"28\" decoding=\"async\" data-nimg=\"1\" class=\"size-7\" style=\"color:transparent\" srcset=\"\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=32&amp;q=75 1x, \/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75 2x\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75\"\/><\/div>\n<\/div>\n<div class=\"flex min-w-0 flex-1 flex-col justify-center gap-2\">\n<p><h3 class=\"m-0 min-w-0 flex-1 line-clamp-2 text-2xl font-bold capitalize leading-[1.17] tracking-[-0.48px] !text-[#1C1C1C]\">ZachXBT Names RAVE, RIVER, SIREN, and LAB as Victims of Bitget-Enabled Market Maker Fraud<\/h3>\n<p><span aria-hidden=\"true\" class=\"flex items-center justify-center rounded-pill bg-[#4169E1] text-sm font-medium text-white h-12 w-[180px] shrink-0\">Read Now<\/span><\/p>\n<p class=\"m-0 line-clamp-2 text-base leading-[1.3] !text-[#67656E]\">Blockchain investigator ZachXBT has renewed his assault on Bitget, accusing the exchange of knowingly enabling market makers to run supply\u2026<\/p>\n<\/div>\n<p><\/a><\/div>\n<\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/siren-token-crash-whale-dump-92-percent\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways A single whale sold about 670 million SIREN, or 92% of supply, for 64.8 million USDT, crashing the asset\u2019s price by over 95%. SIREN\u2019s market cap fell from roughly $1.7 billion to about $102 million, down nearly 96% from its all-time high. Lookonchain says 25.7 million [&hellip;]<\/p>\n","protected":false},"author":3947362404,"featured_media":74066,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/74065"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362404"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=74065"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/74065\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/74066"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=74065"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=74065"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=74065"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}