New Wallet’s SIREN Withdrawal Shows $9M Unrealized Gain in 10 Days

A newly created wallet that withdrew a large amount of SIREN from a centralized exchange is now sitting on a sizable unrealized profit, according to on-chain data.Blockchain monitoring service Onchain Lens reported that the wallet withdrew 71.84 million SIREN from a CEX 10 days ago. Based on current market prices, the position is now showing an unrealized profit of approximately $8.98 million.