news: According to Spot On Chain monitoring, three days before this sharp decline, a new whale transferred a total of 14.27 million OM tokens (approximately $91 million) to OKX, with an average price of $6.375. At the end of March this year, this group of addresses had jointly purchased 84.15 million OM from Binance, with a cost of approximately $565 million (average price around $6.711). After OM plummeted nearly 90%, their remaining position is worth only about $62.2 million, with a floating loss of up to $406 million. Spot On Chain pointed out that it cannot be ruled out that this group of addresses has hedged through other channels, or even been the driving force behind this sharp decline.