One of the biggest names in real-world assets has turned out to be the biggest disaster.
$OM just embarrassed the entire RWA space.
A massive 90% of its value was dumped. Billions vanished. And it all happened faster than you can boil an egg – under an hour!
According to @Arkham, 17 wallets ) dumped a HUGE amount of $OM onto exchanges right before the crash – like 43.6 million tokens!
Number of accounts say there is no question it was a heavily manipulated token via MMs / supply control.
Lesson learned (again!) in the wild world of crypto and this looks like LUNA 2: nothing is a sure thing. The only things you can really control are how you manage your risks and stick to your plan.
Stay safe out there and sorry to those who were affected!
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