💀OM Coin Plummets 90% Overnight! Behind-the-Scenes Manipulation Exposed, Cryptocurrency Market Shocked!
💥Scene of the Tragedy:
OM Coin crashed from $6.3 to $0.5, with a market value evaporating over $6 billion in an instant, creating a shocking black hole!
🧨Trigger for the Explosion:
Starting from April 7, 17 wallets aggressively sold 43.6 million OM, accounting for 4.5% of the circulating supply. The team angrily pointed out that a 'certain platform' took advantage of the low liquidity on Sunday night to forcibly liquidate users, suspected of manipulation or a major blunder!
The co-founder urgently clarified:
No insider sabotage
No loan liquidation
Lock-up structure is transparent, token model remains unchanged
🐋Whale Mystery:
A whale transferred $14.27 million before the crash, previously invested $560 million in March, now facing a paper loss of up to $400 million! Suspected of hedging in advance or exacerbating the crash.
📉Current Status Tracking:
OM briefly rebounded to $1, current price is $0.79, down over 91% from the February high of $9. The team promised to hold a community meeting to address concerns.
🧱Fundamentals Not Collapsing:
Mantra previously obtained a Middle Eastern license, promoting asset tokenization, and a $1 billion collaboration project is still ongoing.
⚠️Alarm Bell Rings:
The manipulative hand is not visible, but risks are apparent. Platform out of control, whale turmoil, another night of terror in the cryptocurrency market! How should retail investors protect themselves?
