Whale splashes $230 million, $OM surges and crashes, is the next wave going to explode?🔥
From February to March, whales bought large amounts of $OM, spending over $230 million, pushing the price to around $6, but in April it crashed down to 0.64, a scene of cutting韭菜. Despite the market crash, whales are still secretly picking up chips, but their actions are more cautious, and trading volume has noticeably shrunk.
The biggest selling point of $OM is its binding to real-world assets (RWA), backed by Dubai's VASP license and a partnership with 1B DAMAC, supported by the Middle East, providing stability. But don't forget, centralized exchange liquidation risks can strike at any time.
Next, $OM is expected to rebound to $1 or even higher, but it may also continue to crash below 0.30. The market is unpredictable, and the flow of funds is the key; don't be fooled by appearances!