The distinctive code was destroyed by 6 billion dollars in its value in only 30 minutes yesterday. Terra Luna has been left like the collapse of investors who are wondering whether all this has been planned.
Society notes that there are warning signs that have led to this tremendous loss. He deepened in a series of X posts in the deeper to find out exactly what happened in the om accident and if there is any opportunity to recover the lost money.
On April 13, 2025, om was fine at $ 6.70 with a maximum market of $ 5.8 billion. Just a few hours later, at 6:00 pm UTC, the price decreased to $ 0.37 with the distinctive symbol loss by 93 % of its value in one hour. Some merchants made huge profits by shortening om. But what caused the accident?
Earlier in the day at around 2:00 pm UTC, the founder of om Molin Tweet will be “No WiFi, will be in a little non -contact mode.” Sisrical, after four hours, the price was shattered. Later in 9:00 pm UTC, a mysterious talisman channel has been deleted.
When it becomes more complaint, on April 12, before the accident, 3.9 million hopeful symbols were sent to OKX. Om was collapsed by $ 66.97 million in forcibly liquidating for 12 hours, but the problems were growing for several months. It is worth noting that the team controls about 90 % of Om supplies, giving them great strength to influence the price.
Now, the investor fund was already low. Just one month ago, the Mantra Black list included the blacklist on more than 50 % of the wallets claiming to be “robots” without any evidence. Moreover, the conditions for opening the money were changed several times: first open 20 %, then 0.3 % a day, and finally 10 % opened with the vulnerability until 2027.
Warning signs!
Signs of warning continued to grow. It was claimed that market makers were pumping the distinctive code price before collapse. Airdrops continued to obtain fears of low prices. In the days before the collapse, the data on the series showed that 17 wallets sold 43.6 million mothers, worth $ 227 million, for exchanges, which amounted to 4.5 % of the total offer.
Digital laser to reject Any connection to the distinctive symbol sales on OKX, claiming that it did not bid farewell to the codes there. Shorooq investors also denied selling the distinctive symbols for om, and blame the blame for a large coercive liquidation, as shown in the data on the series.
Besides, Moulin denied Archam’s data, saying they do not know who has the governor that sells OM before the accident. He claimed that the governor was “wrong” and referred to transparency a report From April 8 with the main wallet addresses.
The panic in the market broke out when it appeared at a value of $ 3.9 million from Okx. Investors were afraid of a decrease, and the pressure pressure that was more aggravated by OTC deals, as the Outliks sold the distinctive symbols by a 50 % discount for the great investors who threw them after the failure. The sellers have benefited from the stop that the stopping stopped was operated and the borrowed positions are liquidated.
Within 60 minutes, OM 93 % lost its value and more than $ 5.5 billion in the maximum market has disappeared. Society was fast to compare this with a color crash. Telegram was suddenly deleted in Mantra, leaving behind a final creeping message: “Luna 2.0”. With no updates or accountability, society was left in the dark.
The Awalat team claims that the collapse is caused by the pressure of broader markets in the market and the location of the central exchanges, which led to the interaction of a chain of references. OKX added that the low prices began with a rise in trading volume and preliminary declines on the exchanges of OKX, before spreading to the entire market. On April 14, OKX announced that Tokenomics Mantra has changed dramatically since October 2024 and warned of suspicious activity through many exchanges.
Was it a carpet withdrawal?
Rumors also began to withdraw the carpet in spin with merchants, for fear that the developers will abandon the project. Market investor Gordon Warning it could be the largest clouds of a carpet since Luna/Vots. But the executives in a talisman Firmly The claims that provide verification addresses to show that the distinctive symbols of the team are still closed as planned.
“To be clear, this dislocation was not the result of the team, the Mantra series Association, its primary consultants, or the Mantra investors selling symbols. The symbols are still closed and subject to the periods of published clothes,” and the team mentioned the community update.
In the latest updates, OM is slightly regained between $ 0.65 and $ 0.80, while trading volume remains low. But confidence has decreased now. Moreover, 1.2 million ohms were transferred to an unknown address that raised fears of the sale. The main stock exchanges such as HTX and Poloniex have reduced om trading options, and Binance has released a warning. Meanwhile, VARA in Dubai is investigating a talisman license after several complaints.
Om does not show any signs of recovery
OKX CEO described it as a “big scandal”, and she wonders about her lack of transparency despite the general data on the series. Before the accident, om seemed unable to stop. Its rise was at all at $ 9.04 in February, and increased by 825 % on an annual basis, even with the wider encryption market. While om was one day a pioneer in the assets in the real world, it is still collapsing. Besides, unlike a color, om does not show any signs of recovery.
