OM COLLAPSE
MARKET IMPACT
โข $om crashed 92% in 6h from $6.40 to $0.57
โข $6b market cap wiped in single day
โข $41m+ insider deposits to exchanges pre-crash
โข trading volume inconsistent with $6b valuation
TEAM ACTIONS
โข telegram channels deleted during crash
โข team went dark after price drop
โข controlled 90% of supply according to @fungibIes
โข scheduled $45.92m token unlock for april
โข large holder dumped $40m position
RECENT DEVELOPMENTS
โข ibc protocol bridge added april 10
โข fireblocks integration april 8
โข $108.9m ecosystem fund launched april 7
โข liquidity remained thin despite developments