$OM The classic crash left many empty-handed.
According to PANews, Glassnode analysis shows that $OM fell sharply, briefly below $1 today. At 08:20 UTC, a significant transfer of 38 million tokens, averaging $0.71 per token, was transferred to exchanges, indicating panic or arbitrage activities. During the downturn, the top 1% holdings fell from 96.4% to 95.6%, indicating that major holders sold or liquidated their positions. The actual market value evaporated by about $740 million within a few hours. The increase in transfers and active addresses indicates widespread market participation. This wave of selling is not led by early holders but reflects a systematic market reaction.
