#om Whale large amount of OM transferred to Binance, suspected to be sold at a huge loss, with a loss rate as high as 92%.

In the past two days, the address 0xE2f99***A8d92B has transferred a total of 2.5 million OM to Binance in batches, with a total value of approximately $1.37 million based on the current price, averaging $0.5483 per coin.

On-chain data shows that this batch of tokens was withdrawn from Binance by this address about a month ago, with a cost average of $6.832 at that time, totaling approximately $17.08 million. If this operation is a sale, it is expected to result in a loss of about $15.71 million, with a loss rate as high as 91.97%, which is an extremely rare large-scale 'cut-loss' action in recent times.

The abnormal fund movements of this address may impact market sentiment, attracting widespread attention from on-chain observers.