EmberCN flags signs of price manipulation in SIREN, AKE, XPIN and BTR

On-chain analyst EmberCN said on X that signs have emerged suggesting a specific market maker that has recently been highly active manipulated prices in at least four tokens, including SIREN, AKE, XPIN and BTR, with all of them rising more than 10-fold. EmberCN added that in AKE’s case, the price was first pushed down by around 60% in early July before being driven about 52 times higher within a month, from $0.00019 to $0.01. EmberCN also said one of the addresses used in AKE trading was the same address previously used in the alleged SIREN price manipulation and was also used today to transfer XPIN to Binance Alpha.