Odaily Planet Daily News Movement Labs and the Mantra event have sparked widespread attention in the crypto market regarding market-making mechanisms. Some executives of Movement Labs have been accused of colluding with their market makers to sell $38 million worth of MOVE tokens on the open market. Meanwhile, the OM token of Mantra plummeted over 90% within hours at the end of April without any significant negative news, raising questions about token unlocking arrangements and the transparency of over-the-counter transactions. Analysts believe that these events expose the hidden contracts, private agreements, and the distorting effects of over-the-counter trading on token supply and price discovery mechanisms in the crypto market. Multiple market-making institutions are re-evaluating the risk underwriting processes for tokens and are demanding higher transparency from project parties. Industry insiders point out that informal trading in the over-the-counter market is disrupting the dynamics of token supply and increasing the difficulty for market makers to maintain liquidity. (CoinDesk)