#Om
MANTRA is fundamentally strong.
The price drop was caused by reckless liquidations — meaning large amounts of OM tokens were suddenly sold off.
It had nothing to do with problems in the project itself.
They are not responsible for the sell-off.
They are investigating the situation and will share more details soon.
The bottom part is a news update, reporting the same incident:
The OM token dropped 87% to around $0.8191.
The market cap is now about $797 million.
Around $71.53 million worth of OM was liquidated.
It confirms that this crash was caused by aggressive liquidations, as MANTRA also mentioned.
So yes, both parts are talking about the same event — a sudden and massive drop in the price of OM token due to large-scale liquidations, not because of a failure in the project itself.