Currency $OM
has collapsed -95% 🚨🚨
What is the reason behind the collapse?
After my research on the transfers a few minutes ago, market makers sold huge amounts of it.
🔻The largest sell-off so far from market maker FalconX converted 10M of $OM , which equals 7.02M$ million dollars currently to #Binance and #Okx platforms.
🔻Also, market maker Wintermute converted 2.60M million dollars of currencies to Binance platform.
🔻An unknown whale transferred 3.14M million dollars of currencies to OKX platform, which it had been accumulating for a while; it’s clear they will sell at a loss.
All of this is clearly aimed at selling, which is the reason for the current dump 😯
Market makers are players, who will slaughter the other ⚔️
has collapsed -95% 🚨🚨
What is the reason behind the collapse?
After my research on the transfers a few minutes ago, market makers sold huge amounts of it.
🔻The largest sell-off so far from market maker FalconX converted 10M of $OM , which equals 7.02M$ million dollars currently to #Binance and #Okx platforms.
🔻Also, market maker Wintermute converted 2.60M million dollars of currencies to Binance platform.
🔻An unknown whale transferred 3.14M million dollars of currencies to OKX platform, which it had been accumulating for a while; it’s clear they will sell at a loss.
All of this is clearly aimed at selling, which is the reason for the current dump 😯
Market makers are players, who will slaughter the other ⚔️
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
OM
0.4941
-5.88%