Mantradao的OM令牌在一個小時內墜毀了80％，消除了50億美元的市場價值

如今，OM令牌（以前是Mantradao）的本地代幣（以前是Mantradao）在一個小時內散佈了80％以上，引發了廣泛的恐慌和爭議。

Today, the OM token—native to the MANTRA (formerly MantraDAO) project—saw a decline of over 80% within a single hour, sparking widespread panic and controversy in the crypto sphere. At its worst, the crash wiped out an estimated $5 billion in market value, with investors accusing insiders of dumping large holdings just before the collapse.

如今，OM代幣（以前是Mantradao）項目的本地，即在一個小時內下降了80％以上，在加密貨幣領域引發了廣泛的恐慌和爭議。在最糟糕的情況下，墜機事故估計估計有50億美元的市場價值，投資者指責內部人士在倒閉之前傾倒大量股份。

At its peak on April 14, OM reached a high of $1.36, but by the time the dust settled, the token had plummeted to lows of $0.14. This steep plunge was clocked at over 90% crash in seven hours, a staggering fall from the highs hit earlier in the day.

在4月14日的高峰期，OM達到了1.36美元，但是到塵埃落定的時候，令牌下降到了0.14美元的低點。這種陡峭的跌落在七個小時內發生了90％以上的撞車事件，這與當天早些時候的高點相差驚人。

The timing of the crash, during low-liquidity hours on Sunday evening UTC, or early Monday morning in Asia, has been a key focus for investors. They claim that insiders sold off significant volumes of the token, ultimately crashing the token.

在周日晚上UTC或週一凌晨在亞洲的低流動性時間，墜機的時機一直是投資者的重點。他們聲稱，內部人士出售了大量令牌，最終使令牌崩潰了。

However, some wallets that engaged in large sell-offs showed suspicious on-chain behavior starting in March 2025, hinting at a coordinated effort to destabilize the token.

但是，一些從事大型拋售的錢包從2025年3月開始表現出可疑的鏈上行為，這暗示了一項協調的努力，以破壞令牌的穩定。

MANTRA’s leadership has responded to the accusations, attributing the meltdown to “reckless forced closures” of OM account holders by centralized exchanges. In a statement, MANTRA said that the rapid decline was largely driven by actions from CEXs during low-volume periods, suggesting either gross negligence or deliberate market manipulation by these platforms.

曼特拉（Mantra）的領導人對這些指控做出了回應，將崩潰歸因於集中式交易所的“魯ck閉合” OM帳戶持有人。曼特拉（Mantra）在一份聲明中說，迅速下降的速度在很大程度上是由CEX在小批量期間的行動驅動的，這表明這些平台的過失或故意市場操縱。

“The timing of the liquidations, during low-liquidity periods on Sunday evening in UTC time, also raised concerns among community members, who noted that the rapid price drops were largely driven by CEXs,” MANTRA said.

Mantra說：“清算的時間安排在周日晚上在UTC時期的低流動性期間，也引起了社區成員的關注，他們指出，價格迅速下降的速度在很大程度上是由CEXS驅動的。”

After the crash, questions arose about whether major exchanges like Binance conducted sufficient due diligence before listing OM. Binance founder and former CEO Changpeng Zhao (CZ) responded by reaffirming a decentralized philosophy.

墜機事故發生後，提出了有關Binance之類的主要交易所是否在列出OM之前進行足夠的盡職調查的問題。 Binance創始人兼前首席執行官Changpeng Zhao（CZ）回應了分散的哲學。

“Neither CEX nor DEX should set up a listing process. All tokens should be allowed to access, and transactions should be decided by users themselves,” CZ said.

CZ說：“ CEX和DEX都不應設置上市過程。應允許所有令牌訪問，並且交易應由用戶自己決定。”

On risk assessment, he added that a project’s user base can be a strong indicator of its legitimacy.

在風險評估中，他補充說，一個項目的用戶群可以是其合法性的有力指標。

“How many real users there are is usually a good indicator,” CZ said, advocating for community strength over centralized vetting.

CZ說：“通常有多少個真正的用戶是一個很好的指標。”

One of the exchanges affected by the OM token collapse, OKX, has taken a proactive stance. CEO Star described the event as a “big scandal in the entire crypto industry.”

OKX OKX受到OM令牌崩潰影響的交流之一採取了積極的立場。首席執行官明星將該活動描述為“整個加密貨幣行業的大醜聞”。

“The on-chain data—including token unlocking, collateral positions, and liquidations—is all public and can be independently verified,” Star said.

Star說：“包括令牌解鎖，抵押職位和清算的鍊鍊數據都是公開的，可以獨立驗證。”

OKX noted that the price collapse began on other platforms before spreading market-wide on April 14. The exchange said it had been observing unusual activity linked to OM since March 2025, highlighting significant changes to the token’s economic model since October 2024.

OKX指出，價格崩潰開始在其他平台上，然後於4月14日在整個市場傳播之前。交易所表示，自2025年3月以來，它一直在觀察到與OM有關的異常活動，這突出了自2024年10月以來代幣的經濟模式的重大變化。

In response, OKX has adjusted its risk control measures and issued market risk warnings to its users.

作為回應，OKX已向其用戶調整了其風險控制措施並發布了市場風險警告。

Despite the skepticism, MANTRA CEO John Mullin has denied any wrongdoing. In a statement, Mullin refuted claims that investors such as Laser Digital engaged in insider sales ahead of the token crash.

儘管懷疑了，但咒語首席執行官約翰·穆林（John Mullin）否認有任何不當行為。穆林在一份聲明中駁斥了主張，即在代幣崩潰之前從事內幕銷售等投資者。

“There is no evidence of insider selling by Laser Digital or other key investors, and we can attest to the fact that these investors acted in good faith throughout their involvement in the project,” Mullin said.

穆林說：“沒有證據表明激光數字或其他主要投資者的內幕銷售，我們可以證明這些投資者在整個項目中都真誠地行事。”

He also urged the community to avoid speculation and focus on verifiable facts.

他還敦促社區避免猜測並專注於可驗證的事實。

“We understand that the rapid price movement of OM has sparked a great deal of discussion and speculation. However, we encourage everyone to remain calm, avoid spreading rumors, and make investment decisions based on complete and unbiased information,” Mullin added.

穆林補充說：“我們知道，OM的快速價格轉移引發了很多討論和猜測。但是，我們鼓勵每個人保持冷靜，避免傳播謠言，並基於完整和公正的信息做出投資決策。”