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Token OM

Apr 13, 23:45

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SOC Team

The entity of fresh OM whales moved 14.27M OM ($91M) into OKX ahead of the big crash

Outflow

Total tokens transferred

Token OM

14.27M

OM

The entity of 26 fresh OM whales moved 14.27M OM ($91M) from the following 3 wallets into OKX at an average price of $6.375 within 3 days before the crash:

 

Notably:

  • Back in late March, these whales had jointly scooped up 84.145M OM from Binance at an average price of $6.711 (estimated cost of $564.7M).
  • Now, after this brutal crash, their remaining 69.08M OM is worth just $62.2M, putting their total estimated loss at a staggering $406.3M.
  • However, they may have hedged the position elsewhere and likely contributed to the sharp drop. Those interested in OM may want to monitor this entity's next move.

 

The OM price recently plunged by 90%, leading to $68.73M in liquidations over the past 12 hours. Specifically, 10 positions got liquidated for over $1M each, according to CoinGlass.

 

Fig 1. The overall OM trading history of the entity of 26 fresh OM whales.

 

Fig 2. The current OM holdings of the entity of 26 fresh OM whales.

 

Fig 3. $68.73M in OM got liquidated over the past 12 hours.

 

Fig 4. The real-time OM liquidations of over $1M in size.

#om
#mantra dao
#deposit
#okx
#massive
#loss
#plunge
#price
#liquidate