SIREN Token Whale Withdraws $6.54M From KuCoin, Bitget and Gate, Now Sitting on $8.98M Profit
The post SIREN Token Whale Withdraws $6.54M From KuCoin, Bitget and Gate, Now Sitting on $8.98M Profit appeared on BitcoinEthereumNews.com.
On February 16, 2026, On-chain Lens identified a newly established wallet that has recently transferred 71.84 million SIREN tokens from KuCoin, Bitget and Gate for $6.54 million, and now those 71.84 million tokens are worth $15.52 million. This means that the person who has those tokens will have an $8.98 million gain on their investment, and there has been much speculation in the crypto community regarding how this occurred. The On-Chain Story – What the Data Actually Shows The wallet address, 0xfe5bcc32063ced8384507d41c334ead5c70fbb56, has withdrawn funds from three trading platforms at the same time indicates strategic planning, rather than acting on impulse. Reducing stock of sellable supply by moving tokens off centralized trading exchanges presents significant upward price movement potential when demand increases. This case of a price return increase of 137% in 10 days subsequent to this withdrawal, with the position still unliquidated, is precisely what occurred here. Nansen and Arkham Intelligence empower traders to spot and react to market patterns ahead of their visibility in price charts. This specific whale purchased directly from a clean address that did not have any activity prior to the primary transaction. As such, it is difficult to identify this whale until after the fact, but the record of this art piece can now be used as a textbook case study for extrapolating additional transactions from this same address. What Is SIREN and Why Does It Matter? Siren is an AI-based platform on the BNB Chain. It has a core product, the Siren AI Agent, which has two personas: cautious Golden Persona for filtering out risky contracts, and aggressive Crimson Persona for traders who have high convictions. Siren AI Agent scans the BNB Chain, Solana and Base for signs of whale activity, change in sentiment and contract risk through “real-time” monitoring of the entire…
Filed under: News - @ February 17, 2026 1:22 am