Blockchain security firm PeckShield has reported a significant movement of OM tokens. An address identified as the FalconX hot wallet deposited a substantial 33 million OM, valued at $20.73 million, to leading cryptocurrency exchanges Binance and OKX within a mere 6-hour window. This large deposit appears to be impacting the market price of OM. Currently, OM is trading at $0.8661, reflecting a sharp decline of 86.21% over the last 24 hours, according to CoinMarketCap data. Such a significant drop often indicates increased selling pressure following large transfers to exchanges. The reasons behind FalconX's deposit remain unclear. Further investigation is needed to determine whether this is a strategic move, a response to market conditions, or related to other internal factors within FalconX. ```