#om Whale large transfer of OM to Binance, suspected sell-off, losses up to 92%
In the past 10 hours, address 0xE525***9B6399 has transferred a total of 4 million OM to Binance exchange in batches, with a total value of approximately 2.11 million USD based on the current price, averaging 0.5275 USD per coin.
On-chain data shows that this batch of OM was withdrawn from Binance by the same address about a month ago, when the average price was 6.8 USD. If this is a selling operation, the expected loss could reach up to 25.09 million USD, with a single transaction loss rate of about 92.24%. This trend has attracted widespread attention in the market.