According to Ember's monitoring, among the top 54 SIREN token holders, excluding the burned wallet and Binance Web3 wallet, the remaining 52 addresses are suspected to belong to the same controlling party. Of these, 48 addresses previously saw a concentrated accumulation of SIREN, while the remaining 4 addresses' SIREN holdings date back to late June to early July of last year. This controlling party holds a total of 644 million SIREN, accounting for 88.5% of the total supply, worth $1.44 billion. Ember points out that the controlling party profits by controlling almost all spot trading and utilizing contracts, which explains SIREN's 30-fold increase in a month and a half. This controlling party is suspected to be DWF Labs, whose public wallet holds 3 million SIREN, and a concentrated accumulation of 66.5% of the tokens occurred the day after DWF Labs transferred its SIREN.