咒語（OM）令牌墜毀90％，因為項目受到越來越多的懷疑

加密貨幣項目的咒語在一天之內將其價值的90％降低了90％後，越來越多。

The cryptocurrency project Mantra is coming under increasing suspicion after its OM token shed 90% of its value within a single day.

加密貨幣項目的咒語在一天之內將其價值的90％降低了90％後，越來越多。

The value dropped from $6.27 to only $0.72, erasing more than $5 billion in market value. What transpired next only served to worsen the situation.

該價值從6.27美元下降到僅0.72美元，從而刪除了超過50億美元的市場價值。接下來發生的事情只會使情況惡化。

Based on blockchain data, Mantra DAO—the project’s behind-the-scenes organization—sent $26.95 million of OM tokens to a Binance wallet on Monday, April 14. This is just after the price’s massive dump, which triggered red flags among observers.

基於區塊鏈數據，該項目的幕後組織Mantra Dao在4月14日星期一向Binance Caltles的OM代幣中撥出了2695萬美元。這是在價格巨大的垃圾場之後，這引發了觀察者之間的危險信號。

Greater Fool Theory: Mantra Token Price Dumps 90% in a Day, Extinguishing Billions in Value

更大的傻瓜理論：咒語代幣價格每天傾倒90％，價值數十億美元

Detractors cite a disturbing fact: the Mantra team owns around 90% of all OM tokens. The high concentration of ownership and timing of the exchange transfers have fueled accusations of potential insider selling.

批評者引用了一個令人不安的事實：咒語團隊擁有大約90％的OM令牌。所有權和交換轉移時機的高度集中助長了潛在內部銷售的指控。

“With 90% already dumped in $OM, it seems like the $OM team is about to sell more.

“由於90％的人已經被丟入$ OM，似乎$ OM團隊將要賣更多。

2 hours ago, the @MANTRA_Chain DAO staked wallet sent 38M $OM ($26.96M) to #Binance Cold Wallet.https://t.coingecko.com/en/coins/mantra-coin/implied-trx/0x86fa000000000000000000000000000000000000

Mantra CEO Denies Token Dumping Accusations

Mantra首席執行官否認令牌傾銷指控

Mantra chief executive JP Mullin has rebutted such allegations. He said the team and investors didn’t dump their holdings during the crash.

Mantra首席執行官JP Mullin駁回了此類指控。他說，車隊和投資者在墜機期間沒有拋棄其持股。

Instead, Mullin attributed the price decline to “forced liquidations” instigated by cryptocurrency exchanges. Such liquidations occur when exchanges sell traders’ holdings automatically after they are unable to cover margin calls.

取而代之的是，穆林將價格下跌歸因於加密貨幣交換所激發的“強迫清算”。當交易所無法覆蓋保證金電話後自動出售交易商的持股時，就會發生這種清算。

But his account is not to everyone’s liking. Various independent analysts have monitored suspicious token transfers that point to a different narrative.

但是他的說法並不是每個人都喜歡的。各種獨立的分析師都監測了可疑的令牌轉移，這些轉移指向了不同的敘述。

On-Chain Detective Work Reveals Suspicious Transfers

鏈上偵探工作揭示了可疑的轉移

Crypto analyst Max Brown found that Mantra transferred nearly 4 million OM tokens to cryptocurrency exchange OKX shortly before prices began to decline.

加密分析師馬克斯·布朗（Max Brown）發現，咒語在價格開始下跌前不久將近400萬個OM令牌轉移到了加密貨幣交易所OKX上。

The problem for investigators is that once tokens are moved to centralized exchanges like Binance or OKX, they become much more challenging to trace. This is essentially a blind spot where the tokens can be disposed of while leaving behind no clear trail on public blockchains.

調查人員的問題在於，一旦將令牌移至Binance或OKX等集中式交流，他們就會變得更具挑戰性。從本質上講，這是一個盲點，可以在公共區塊鏈上留下明確的步道，可以在該點處置令牌。

MANTRA CHAIN $OM CRASHED 90% IN AN HOUR AND $5.5 BILLION GOT WIPED OUT.

Mantra Chain $ OM在一個小時內墜毀了90％，55億美元被淘汰了。

HERE’S HOW AND WHY IT COULD HAVE POSSIBLY HAPPENED 🧵

這是可能發生的方式以及為什麼

IT ALL STARTED YESTERDAY WHEN A POSSIBLE $OM TEAM WALLET DEPOSITED 3.9 MILLION OM TOKENS ON OKX.

一切始於昨天，當時可能的$ OM團隊錢包在OKX上存放了390萬個OM令牌。

IT WAS WELL KNOWN IN THE CRYPTO SPACE THAT OM TEAM MEMBERS HOLD A HUGE PERCENTAGE OF THE TOTAL SUPPLY.

OM團隊成員佔總供應量的很大一部分。

IT’S NO SECRET THAT THE TEAM USED TO MOVE FUNDS REGULARLY.

團隊過去定期搬遷的資金已不是什麼秘密。

HOWEVER, THE TIMING OF THIS TRANSFER IS CRITICAL AS THE PRICE OF OM BEGAN DECREASING SHARPLY RIGHT AFTER.

但是，隨著OM的價格開始急劇下降，這種轉移的時機至關重要。

WE CAN SEE THAT THE FUNDS WERE CREDITED TO THE EXCHANGE AROUND 11:00 AM (GMT+8) TODAY.

我們可以看到，今天上午11:00（GMT+8）將資金歸功於交易所。

THE PRICE OF OM STARTED DECREASING AT 12:00 PM (GMT+8).

OM的價格從下午12:00開始下降（GMT+8）。

HERE WE SEE THE FUNDS ARRIVING AT THE EXCHANGE.

在這裡，我們看到資金到達交易所。

AND HERE WE SEE THE PRICE DECREASE.

在這裡，我們看到價格下降。

THE PRICE DECREASED FROM $6.2 AT 12:00 PM TO $0.7 AT 1:00 PM.

價格從下午12:00的6.2美元下降到1:00 pm的0.7美元。

IT CONTINUOUSLY DECREASED TO $0.6 BY 1:45 PM.

到下午1:45，它不斷降至0.6美元。

WITH 90% ALREADY DUMPed IN $OM, IT SEEMS LIKE THE $OM TEAM IS ABOUT TO SELL MORE.

由於90％的人已經傾倒了$ OM，似乎$ OM團隊即將銷售更多。

2 HOURS AGO, THE @MANTRA_Chain DAO STAKED WALLET SENT 38M $OM ($26.96M) TO #Binance COLD WALLET.https://coingecko.com/en/coins/mantra-coin/implied-trx/0x86fa000000000000000000000000000000000000

While analysts cannot prove it for a fact that insiders sold off tokens, the gradient of movements into exchanges just ahead of the price tumble certainly gives room for serious doubt.

儘管分析師無法證明這一點是因為內部人士賣掉了代幣，但在價格跌跌撞撞之前進行交流的運動梯度無疑給人留下了嚴重的懷疑。

Exchanges Provide Varying Account Of The Crash

交易所提供了崩潰的不同帳戶

Major cryptocurrency exchanges launched investigations as to what triggered the spectacular fall of the OM token.

主要的加密貨幣交換開始了有關引發OM令牌壯觀跌倒的是什麼。

Binance, the largest crypto exchange in terms of trading volume, corroborates Mullin’s account. In early findings, they indicate cross-exchange liquidations most likely caused the crash, which would support the CEO’

在交易量方面，Binance是最大的加密交易所，證實了Mullin的帳戶。在早期發現中，它們表明交叉交換清算很可能導致撞車事故，這將支持首席執行官'