🚨 $OM Coin Tanks Nearly 92% — What Triggered the Crash? 🚨
On April 13, 2025, at 9:00 PM, $OM/USDT faced a shocking collapse, plunging -91.93% from $6.15 to just $0.49 within a single 4-hour candle. At the time of writing, the price has slid further to $0.3894 (-5.64%), leaving traders stunned.
What Went Wrong?
This wasn’t ordinary volatility. A move this extreme suggests major underlying factors:
A large token unlock flooding supply?
An early investor or partner dumping holdings?
Team wallet activity or internal sell-offs?
Delisting news or liquidity pullout by exchanges?
With trading volume spiking past $130 million during the crash, it’s clear this was driven by large players, not retail panic alone.
Current Market Picture:
Price is holding weak support between $0.38 – $0.40
MACD remains bearish, signaling ongoing selling pressure
EMA levels have flipped into resistance zones
Key Takeaway:
This chart is a powerful reminder of crypto’s risks. Massive unlocks, insider moves, or sudden exits can wipe out value in hours. For traders, risk management is not optional—it’s survival.
I’ll be covering more insights like this as part of my Binance Square Write to Earn journey, breaking down critical market events and lessons from real-time price action.
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