口头禅的OM令牌在一小时内崩溃了90％，消除了$ 5.5B的市场价值

来自咒语连锁店的OM令牌发生了灾难性的价格崩溃，仅在一小时内下降了90％以上。这种突然的低迷浪费了55亿美元的市场价值

In a surprising turn of events, the OM token from the Mantra chain saw a catastrophic price collapse, dropping by over 90% in just one hour. This sudden downturn wiped out $5.5 billion in market value and sent shockwaves through the crypto community.

在一个令人惊讶的事件中，来自咒语连锁店的OM令牌发生了灾难性的价格崩溃，仅在一个小时内下降了90％以上。这种突然的低迷浪费了55亿美元的市场价值，并通过加密社区造成了冲击波。

While the Mantra team maintains minimal involvement in the chain of events, a series of internal and external factors contributed to the dramatic crash.

虽然咒语团队在事件链中的参与度最低，但一系列内部和外部因素导致了戏剧性的崩溃。

OM Token Deposit That Triggered Market Movement

OM令牌存款触发了市场流动

According to one X report, the trouble began when a wallet possibly associated with the OM team deposited 3.9 million OM tokens on the OKX exchange. This event caught the attention of the crypto community, as the OM team controlled nearly 90% of the total token supply.

根据一份X报告，麻烦始于与OM团队相关的钱包在OKX交易所存放390万个OM令牌时。该活动引起了加密货币社区的注意，因为OM团队控制了近90％的令牌供应。

Over the past year, the team has faced criticism for allegedly using market manipulation tactics to inflate the price of OM. However, this latest deposit appeared to set off a chain reaction that would send the token’s value in a downward spiral.

在过去的一年中，该团队因涉嫌使用市场操纵策略来夸大OM的价格而面临批评。但是，这笔最新的押金似乎引发了连锁反应，该反应将使令牌的价值下降。

After the deposit, large-scale selling began, raising suspicions of prior over-the-counter (OTC) deals made at steep discounts, possibly as high as 50%.

存款后，大规模销售开始，引起了对先前的非处方（OTC）交易的怀疑，以高达50％的折扣高达50％。

These deals would have placed significant amounts of OM into the hands of major holders, who now found themselves underwater when the price dropped by half.

这些交易本来将大量的OM掌握在主要持有人的手中，当价格下降一半时，他们现在发现自己在水下。

As the token’s value continued to fall, panic selling took hold. Fearing further losses, investors rushed to sell their positions, causing a cascading liquidation event that pushed the price to its breaking point.

随着代币的价值继续下降，恐慌销售占据了。由于担心进一步的损失，投资者急于出售其头寸，导致级联清算活动将价格推向其打破点。

Exchange Actions Fuel the Crisis

交换行动加剧了危机

In the aftermath of the crash, Mantra co-founder JP Mullin addressed the situation, confirming that the market plunge was triggered by “reckless liquidations.”

坠机事件发生后，咒语联合创始人JP穆林（JP Mullin）解决了这种情况，证实了市场暴跌是由“鲁ckleshers搜索”触发的。

According to Mullin, exchange actions, such as closing positions without warning, margin calls, or adequate notice, exacerbate the situation.

根据穆林的说法，交换措施，例如没有警告，保证金电话或充分通知的情况，加剧了情况。

According to JP Mullin, the crash did not result from the team, its investors, or its core advisors selling tokens. He clarified that their tokens remain locked and are subject to the published vesting periods.

根据JP Mullin的说法，撞车事故并未来自团队，投资者或其核心顾问出售令牌。他澄清说，他们的令牌仍然被锁定，并受到已发表的归属期的约束。

Mullin also emphasized that MANTRA has endured multiple market cycles and continued building when others stopped, and this situation is no exception.

穆林还强调，咒语已经忍受了多个市场周期，并在其他人停止时继续建造，这种情况也不例外。

OKX to Prepare Relevant Reports

OKX准备相关报告

Meanwhile, OKX CEO Star Xu described the OM token collapse as a major scandal for the entire crypto industry. He noted that all on-chain unlocking, deposit, collateral, and liquidation data are publicly available and can be investigated across major exchanges.

同时，OKX首席执行官XU将OM令牌崩溃描述为整个加密货币行业的主要丑闻。他指出，所有链链解锁，存款，抵押品和清算数据都可以公开获取，可以通过主要交易所进行调查。

Star added that OKX would prepare and release all relevant reports, following a report revealing that 17 wallets had deposited 43.6 million OM tokens, worth $227 million, to exchanges before the crash, with two wallets linked to Laser Digital, a strategic investor.

Star补充说，OKX将准备并发布所有相关报告，此前一份报告显示，17个钱包已将4,360万个OM令牌存放在坠机前的交易所中，价值2.27亿美元，其中两个钱包与战略投资者Laser Digital有关。

Community Reactions

社区反应

Notably, Mantra’s official communication sought to reassure its community. The team emphasized that they were not responsible for the crash, stating that no team tokens had been moved during the incident. To calm the fears of their investors, Mantra reiterated that the project remained fundamentally strong despite the price collapse.

值得注意的是，咒语的官方交流试图使其社区放心。该团队强调，他们对撞车事故不承担任何责任，指出事件发生期间没有任何团队令牌。为了平息投资者的恐惧，Mantra重申，尽管价格降低，该项目仍在根本上保持强劲。

However, the damage had already been done. Many investors expressed disappointment, with some calling for clearer explanations from the team about what led to the massive sell-off.

但是，损坏已经造成。许多投资者表示失望，一些人呼吁团队对导致大量抛售的原因进行更清晰的解释。

Crypto sleuth ZachXBT also expressed concerns, questioning the logic behind the massive drop and noting that the explanation provided by the Mantra team did little to clarify the situation.

Crypto Sleuth Zachxbt也表示关注，质疑大量下降背后的逻辑，并指出咒语团队提供的解释并没有阐明这种情况。