SIREN, AKE, XPIN, and BTR are suspected to be operated by the same market-making team, and all of them have seen their prices rise by more than 10 times.

According to BlockBeats, on August 17th, EmberCN monitoring revealed that AKE, which surged 52 times in the past month based on associated addresses, is also suspected to have originated from the market maker who previously manipulated SIREN.

This market maker has been involved in manipulating the prices of SIREN, AKE, XPIN, and BTR at least, and has manipulated prices by more than 10 times in each of these markets. AKE, in particular, experienced a sharp drop of about 60% in early July, followed by a 52-fold increase within a month after a significant withdrawal of long positions.

The address in question was previously used to manipulate SIREN and was used today to transfer XPIN to Binance Alpha.