Mantra首席執行官JP Mullin將OM令牌的90％撞車歸咎於強迫清算通過集中交流

Mantra首席執行官JP Mullin將OM令牌的90％崩潰歸因於低流動性的集中交易所被迫清算，從而確保沒有內部人士的銷售和重申項目穩定性。

Mantra (OM) tokens crashed more than 90% over the weekend as a large leveraged position was liquidated by a centralized exchange during low-liquidity hours, the project CEO said.

該項目首席執行官說，週末的咒語（OM）令牌墜毀了90％以上，因為在低流動性時間內，集中式交易所清算了一個巨大的槓杆位置。

What Happened: The OM tokens, native to the Mantra blockchain ecosystem, suffered a catastrophic plunge of over 90% this past weekend, plummeting from a high of $6.30 to under $0.50 in mere hours. The project’s community was left stunned, prompting an urgent response from the project leadership.

發生了什麼：上週末，咒語區塊鏈生態系統本地的OM代幣遭受了90％以上的災難性暴跌，從高處跌至6.30美元，僅為0.50美元。該項目的社區被驚呆了，促使項目領導層的緊急回應。

JP Mullin, CEO of Mantra, has since come forward to attribute the incident to forced liquidations triggered by centralized exchanges during a period of low market activity.

此後，Mantra首席執行官JP Mullin挺身而出，將事件歸因於市場活動較低的集中式交易所觸發的強迫清算。

According to Mullin, the incident was not related to any internal flaws, token unlocks, or insider sales, but rather a combination of low weekend liquidity and aggressive liquidation mechanisms.

根據穆林的說法，這一事件與任何內部缺陷，令牌解鎖或內部銷售無關，而是周末流動性和積極的清算機制的結合。

The sudden drop occurred during the evening hours on Sunday (UTC), a period typically marked by minimal trading activity across global markets. During this time, a large leveraged position was forcibly liquidated, which in turn triggered a cascade of automatic sell orders on several exchanges.

突然下降發生在周日（UTC）的傍晚時間，這一時期通常以全球市場的交易活動最少的標誌為標誌。在此期間，強行清算了一個巨大的槓杆位置，這反過來觸發了一系列自動賣出訂單的級聯。

“This wasn’t caused by us or by our investors. All OM tokens are still locked up per our vesting schedule. No one on the team dumped anything. It was an unfortunate situation where someone got liquidated hard, and it snowballed rapidly in thin weekend markets,” Mullin stated in a public statement.

穆林在一份公開聲明中說：“這不是由我們或投資者造成的。所有OM令牌仍然按照我們的歸屬時間表鎖定。沒有人拋棄任何東西。這是一個不幸的情況，有人在周末稀薄的周末市場上迅速滾動了雪球，”穆林在公開聲明中說。

He further explained that the lack of liquidity on centralized exchanges amplified the damage, causing OM’s value to plummet far more quickly than it would have in times of normal market depth.

他進一步解釋說，集中式交流缺乏流動性會擴大損失，從而使OM的價值下降得比在正常市場深度時期的速度更快。

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Community Reacts, CEO Reaffirms Plans

社區反應，首席執行官重申計劃

In the hours following the crash, panic and confusion spread rapidly through the Mantra community, with many investors expressing concerns over the project’s future.

墜機後的幾個小時裡，恐慌和混亂在咒語社區迅速傳播，許多投資者對該項目的未來表示擔憂。

However, Mullin took to social media to provide updates and interact with community members, referring to them as “OMies” and “Sherpas” in recognition of the project’s ecosystem culture.

但是，穆林（Mullin）進入社交媒體以提供更新並與社區成員進行互動，並將其稱為“ OMIE”和“ Sherpas”，以表彰該項目的生態系統文化。

“First off, the team and I greatly appreciate the support we’ve received over the past several hours. It’s a testament to the strength of this community. While this incident was outside of our control, we are focused on building long-term value,” Mullin said in a statement.

穆林在一份聲明中說：“首先，我和團隊非常感謝過去幾個小時內得到的支持。這證明了這個社區的實力。儘管這一事件不在我們的控制範圍之外，但我們專注於建立長期價值。”穆林在一份聲明中說。

He added that Mantra’s roadmap remains unchanged and the fundamentals of the project are stronger than ever. The CEO also confirmed that the team is closely engaged with exchanges to gain a comprehensive understanding of what transpired and how similar events can be prevented in the future.

他補充說，咒語的路線圖保持不變，該項目的基本面比以往任何時候都更強。首席執行官還確認，該團隊與交流密切相關，以全面了解未來發生的事情以及如何預防類似事件。

From All-Time Highs to Uncertainty

從歷史高點到不確定性

Prior to the crash, OM had experienced impressive growth, reaching an all-time high of $6.13. The surge was fueled by Mantra’s expansion in the real-world asset (RWA) tokenization space, which includes a partnership with MAG Group Holding to tokenize over $500 million in real estate assets in the UAE.

撞車事故發生之前，OM經歷了令人印象深刻的增長，達到6.13美元的歷史最高點。咒語在現實世界中的擴張（RWA）代幣化領域的擴張助長了激增，其中包括與Mag Group的合作夥伴關係，以使阿聯酋的Mag Group持有超過5億美元的房地產資產。

This positioned Mantra as one of the top RWA-focused crypto projects in 2025. But the weekend crash, at least temporarily, threw a shadow over its momentum.

這將咒語定位為2025年以RWA為重點的加密項目之一。但是，週末崩潰至少是暫時的，在其勢頭上拋出了陰影。

Still, industry analysts believe that as long as Mantra continues to deliver on its roadmap and maintain transparency with its community, the project can recover from this setback.

儘管如此，行業分析師仍然認為，只要咒語繼續在路線圖上提供並保持與社區的透明度，該項目就可以從這一挫折中恢復。

What’s Next: The OM token’s collapse is a painful reminder of how quickly things can change in crypto markets, especially during times of low liquidity. However, the Mantra team’s swift response and transparent communication could help restore confidence among investors.

接下來是：OM令牌的崩潰是痛苦地提醒人們加密貨幣市場會發生多快的變化，尤其是在流動性低時期。但是，咒語團隊的迅速反應和透明的溝通可以幫助恢復投資者之間的信心。

As Mullin concluded, “This isn’t the end. It’s just a bump on a much bigger journey.”

正如穆林總結的那樣：“這不是盡頭。這只是一個更大的旅程的顛簸。”