The sudden collapse of the OM token led to widespread liquidations among trading platforms, prompting Binance to respond quickly, as traders faced profit halts and rising concerns about the safety of the token economy. The decline of the OM token alerted Binance to the repercussions of liquidations among trading platforms. The Binance digital trading platform responded to the sharp drop in the price of OM, the native token of Mantra, in a series of posts

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