Mantra investors cashed out before OM token crashed 90%

Mantra investors cashed out before OM token crashed 90% — Blockchain data

Blockchain analysts have identified large-scale token transfers by major Mantra investors in the days leading up to the sharp collapse of the OM - $0.383616483518822 token, raising questions about insider activity and the stability of the project.Laser Digital, a strategic Mantra investor, reportedly cashed out large portions of Mantra OM - $0.383616483518822 tokens before the cryptocurrency collapsed on April 13, onchain data suggests. At least two wallets linked to Laser Digital were among 17 wallets that moved a combined 43.6 million OM - $0.383616483518822 tokens — worth about $227 million at the time — to exchanges before the crash, according to blockchain analytics platform Lookonchain, citing Arkham Intelligence data.

Source: cointelegraph.com

Related symbols: OMUSD

2025-04-14 11:44:04 GMT.

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Price & Market Data

Price: $0.383616483518822

Volume 24h: $158,470,694.19

Market Cap: $370,895,448.32

Description

MANTRA (OM) is a cryptocurrency and operates on the Ethereum platform. MANTRA has a current supply of 1,669,830,842.6015532 with 966,833,227.4392383 in circulation. The last known price of MANTRA is 0.37039859 USD and is up 1.63 over the last 24 hours. It is currently trading on 295 active market(s) with $155,952,369.49 traded over the last 24 hours. More information can be found at https://www.mantrachain.io.