隨著周末流動性的波動加劇下行波動，咒語（OM）令牌價格崩潰了90％以上

曼特拉（Mantra）最近的象徵崩潰強調了加密貨幣行業中的一個問題，即周末流動性水平波動，從而產生了額外的下行波動，這可能加劇了令牌的崩潰。

Mantra (OM) token’s price collapsed by over 90% on Sunday, April 13, recovering slightly to trade at around $0.53 by 11:30 UTC. The token had crashed from roughly $6.30 to below $0.50, triggering market manipulation allegations among disillusioned investors, as reported by Cointelegraph.

Mantra（OM）令牌的價格在4月13日星期日跌倒了90％以上，在UTC 11:30之前，略微恢復了0.53美元的交易。如Cointelegraph報導的那樣，該令牌從大約6.30美元跌至低於0.50美元，引發了幻滅投資者的市場操縱指控。

While blockchain analysts are still piecing together the events that led to the token’s collapse, the event highlights some crucial issues for the crypto industry, says Gracy Chen, CEO of cryptocurrency exchange Bitget.

加密貨幣交易所Bitget首席執行官Gracy Chen說，儘管區塊鏈分析師仍在將導致令牌崩潰的事件拼湊在一起，但該事件突出了加密貨幣行業的一些關鍵問題。

“The OM token crash exposed several critical issues that we are seeing not just in OM, but also as an industry,” Chen said during Cointelegraph’s Chainreaction daily X show.

陳在Cointelegraph的《每日X》中說：“ OM令牌崩潰暴露了我們不僅在OM中，而且是作為一個行業中看到的幾個關鍵問題。”

At least two wallets linked to Mantra investor Laser Digital were among 17 wallets that moved a combined 43.6 million OM tokens — worth about $227 million at the time — to exchanges before the crash, the blockchain analytics platform Lookonchain reported on April 13, citing Arkham Intelligence data.

在墜機事故發生之前，至少有兩個與咒語投資者激光數字相關的錢包是17個錢包中的17個錢包，當時有4360萬個OM令牌（當時價值約2.27億美元）進行了交流。

However, Mantra CEO John Mullin has denied the allegations related to large-scale token transfers from Mantra investors, as reported by Cointelegraph on April 14.

然而，曼特拉首席執行官約翰·穆林（John Mullin）否認了cointelegraph在4月14日報導的那樣，咒語投資者的大規模令牌轉讓有關。

Mantra released a post-crash statement on April 16, reiterating that the OM crash did not involve token sales by the project itself and that the Mantra team continues investigating the incident. The report did not explain the rapid movement of OM tokens to exchanges and subsequent liquidations.

Mantra於4月16日發表了爆炸後聲明，重申，OM崩潰並不涉及該項目本身的銷售，並且咒語團隊繼續調查事件。該報告沒有解釋OM令牌向交換和隨後的清算的快速運動。

Exchange movements point to strong ‘insider dumping’ signal

交換運動指向強烈的“內部傾銷”信號

The rapid movement of such a large sum of tokens to exchanges during low-liquidity hours on Sunday pointed to a strong “insider dumping” signal, which may have exacerbated the token’s crash, according to a prominent crypto trader.

據一位著名的加密交易員稱，在周日的低流動性時間內，如此大量的代幣交換的迅速移動表明，強烈的“內部傾銷”信號可能加劇了令牌的崩潰。

“It seems like they're setting up for a nice weekend pump and dump with no one around to notice or care,” the trader said in a post on X, formerly Twitter.

這位交易員在X上的帖子（以前是Twitter上的帖子）中說：“似乎他們正在為周末的好泵和垃圾場設置，沒有人注意到或照顧。”

The trader added that the lack of weekend liquidity levels for Mantra tokens may have also contributed to the token’s swift price collapse.

交易者補充說，咒語令牌缺乏週末的流動性水平也可能導致令牌迅速的價格崩潰。

Weekend liquidity issues have also impacted even major cryptocurrencies like Bitcoin (BTC).

週末的流動性問題也影響了比特幣（BTC）等主要加密貨幣。

The lack of weekend trading volume, combined with Bitcoin’s 24/7 liquidity, resulted in Bitcoin’s correction below $75,000 on Sunday, April 6, as reported by Cointelegraph.

如Cointelegraph報導的那樣，4月6日星期日，週末交易量不足，再加上比特幣的24/7流動性，導致比特幣的更正低於75,000美元。

The April 6 correction may have occurred due to Bitcoin being the only large tradable asset over the weekend available for de-risking amid global trade war concerns, said Lucas Outumuro, head of research at crypto intelligence platform IntoTheBlock.

Crypto Intelltoplock Intotheblock的研究負責人Lucas Outumuro說，由於比特幣是全球貿易戰問題中可用於脫離風險的周末唯一可用於脫離風險的大型交易資產，因此可能發生了修正。