In just two months, trader 0x78c6 converted 101,539 $USDC into 2.09 million $USDC using $SIREN, making a profit of $1.98 million—nearly 20 times the initial investment! On January 15th, he purchased 1.27 million $SIREN through an options-like transaction, paying $21,508 upfront. After the price of $SIREN surged, he paid an additional 80,031 $USDC to acquire the 1.27 million $SIREN. Subsequently, he sold all 1.27 million $SIREN at an average price of $1.637, ultimately obtaining 2.09 million $USDC.