The suspected Mantra DAO project owner destroyed 18.417 million OMs, worth about $119 million

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PANews
04-11
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PANews reported on April 11 that according to Arkham monitoring, a suspected Mantra DAO project address (0xb4…A4e5) transferred 18.417 million OM tokens to a burn address today at 18:59 (UTC+8). Based on the current price, the value is approximately $119 million. So far, the cumulative OM tokens burned have reached 103.6 million, accounting for 11.66% of the total supply, with a cumulative burn value of approximately $668 million.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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