Who Crashed $OM ? $227M Dump Sparks $66.97M in Liquidations

The price of #OM plunged hard — and the fallout has been brutal. In the last 12 hours alone, $66.97 million in positions were liquidated, including 10 trades worth over $1 million each.

So, who pulled the trigger?

Data reveals that since April 7, at least 17 wallets deposited 43.6 million #om (worth $227 million at the time) into exchanges — accounting for 4.5% of the circulating supply. This massive inflow preceded the crash, raising eyebrows across the market.

Interestingly, two of these wallets — 0x024D95363A59a8b0D83e90C68613890983565124 and 0xB37DBDec19737d52cDC8fD969B92bAA9e044f26A — are tagged by Arkham as being connected to Laser Digital, a known strategic investor in @MANTRA_Chain.

Was this a calculated exit? Panic sell? Or part of a deeper strategy? One thing’s clear: someone big made a move, and the market felt it.