故事代币的急剧下降，仅在一个小时内25％，引发了人们对咒语崩溃的重复的担忧。

最新的故事（IP）价格下跌使交易员关注咒语（OM）崩溃的重复。值得注意的是，4月14日，IP令牌从4.24美元下降到每日低点3.02美元。

A sharp decline of the Story token, 25% in just one hour, triggered concerns about a repeat of the Mantra crash.

故事代币的急剧下降，仅在一个小时内25％，引发了人们对咒语崩溃的重复的担忧。

Story (IP) token traders were left scratching their heads on April 14 as the latest price drop raised concerns over a repeat of the Mantra (OM) crash.

故事（IP）令牌交易者于4月14日留下了挠头，因为最新的价格下跌引起了对咒语（OM）崩溃的重复的担忧。

In particular, the IP token was trading down from $4.24 to a daily low of $3.02. As of press time, the token had recovered to $3.73. However, in just one hour, the token registered a 25% price drop.

特别是，IP令牌从4.24美元下降到每日低点3.02美元。截至发稿时，令牌已恢复到3.73美元。但是，在短短一小时内，令牌的价格下降了25％。

Moreover, traders on social media linked the Story crash to the recent Mantra token crash, which saw the token lose 90% of its value and $5 billion in market cap the same day.

此外，社交媒体上的贸易商将故事崩溃与最近的咒语令牌崩溃联系起来，该崩溃的崩溃使该代币当天损失了其价值的90％和50亿美元的市值。

According to crypto journalist Colin Wu, most of IP’s trading volume was concentrated in Binance Futures and OKX spot markets, the same platforms implicated in the Mantra crash. After the sudden drop, both exchanges issued conflicting explanations.

根据加密新闻记者Colin Wu的说法，IP的大部分交易量都集中在二元期货和OKX现货市场上，同一平台与咒语崩溃有关。突然下降后，两次交流都发出了矛盾的解释。

Lower liquidity can hurt projects like Story

流动性降低会伤害故事，例如故事

One Binance confirmed with Mantra CEO who blamed forced liquidations on several exchanges. These can happen in times of low liquidity, where sharp changes in prices on the futures market result in liquidations of big positions, which in turn put more pressure on the spot market.

一位Binance证实了Mantra首席执行官，该首席执行官将强迫清算归咎于多次交流。这些可能发生在流动性低的时期，在这种情况下，期货市场价格的急剧变化会导致清算的清算，这反过来又在现货市场造成了更大的压力。

However, OKX stated that Mantra made changes to its tokenomics model. The exchange also noted major token deposits to several centralized exchanges, an explanation that aligned more with that of independent investigators who claimed that insider selling was more likely.

但是，OKX表示，咒语对其令牌模型进行了更改。该交易所还指出了几次集中交易所的主要代币存款，这一解释与独立调查员的解释更加一致，他们声称内部人士销售更有可能。

For smaller projects like Story and Mantra, both low liquidity and insider selling can be a source of significant volatility.

对于诸如故事和咒语之类的较小项目，低流动性和内部销售都可以成为大幅波动的来源。

According to a report by Kaiko research, the sudden crash of the Mantra token resulted in $21 million in liquidations of long positions, which exacerbated price pressures.

根据Kaiko Research的一份报告，咒语令牌的突然崩溃导致了2100万美元的清算，这加剧了价格压力。

While Story recovered, the sudden crash highlighted the volatility risks of smaller tokens. In a situation of low liquidity, a few big trades can cause major price moves.

当故事恢复时，突然的崩溃突显了较小令牌的波动风险。在流动性低的情况下，一些大交易可能会导致重大价格转移。