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The Week’s Biggest Crypto Losers: SIREN Down 65%, ZRO and APT Follow | Coinfeather

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The Week’s Biggest Crypto Losers: SIREN Down 65%, ZRO and APT Follow

Coindoo15 days ago3 min readBy Alexander Stefanov

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SIREN's drastic 65% weekly decline highlights the extreme risk associated with high supply concentration, as a single whale cluster controls nearly 90% of its tokens, leading to significant downside for retail participants.
Ethena (ENA) faces selling pressure from a ~$14.7M token unlock for contributors and early investors, compounded by a six-month low in active addresses, suggesting limited organic demand to absorb the new supply.
LayerZero (ZRO) experienced selling pressure from Alameda Research's ~$15.3M token offload, overshadowing positive news of institutional interest from Worldpay and Global Payments.
Midnight (NIGHT) launched its mainnet but is facing community concerns over its one-way bridge to Cardano and ongoing Glacier Drop airdrop unlocks, creating liquidity risks and adding selling pressure.

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