咒语的OM代币一夜之间倒塌了90％​​以上，加密货币世界无法就为什么达成共识

Mantra的OM令牌在一夜之间崩溃了90％以上，加密货币世界无法就原因达成共识。 4月13日，OM的价格从6美元以上跌至低于0.50美元

The crypto world woke up on April 13 to a sight that sent shivers down the spines of even the most jaded traders. Mantra’s OM token had plummeted by more than 90% overnight.

加密货币世界于4月13日醒来，这一景象使即使是最疲惫的商人的刺都发抖。一夜之间，Mantra的OM令牌暴跌了90％以上。

The token, which was trading at over $6 in the early hours of the day, fell to as low as $0.52 by 15:00:00 (ET). In the process, it wiped out over $5 billion in market cap and triggered widespread panic across the industry.

在一天中凌晨的交易价格超过6美元，到15:00:00（ET）的价格低至0.52美元。在此过程中，它消除了超过50亿美元的市值，并引起了整个行业的广泛恐慌。

The sudden crash drew comparisons to Terra’s LUNA implosion as traders scrambled for answers. Unverified rumors of insider dumping, forced liquidations, mislabeled wallets and exchange manipulation quickly spread.

当交易者争先恐后地寻求答案时，突然的崩溃与Terra的Luna内爆比较。关于内部倾销，被迫清算，标签的钱包和交换操纵的未验证的谣言迅速传播。

However, Mantra insists it was caught in the middle of events that remain under investigation.

但是，咒语坚持认为这被捕获在仍在调查中的事件中间。

Its story began in February 2025, when the OM token hit an all-time high of nearly $9 on the Stellar blockchain. Backed by a $1-billion deal to tokenize Damac Group’s real estate and data centers in Dubai, Mantra had built a strong position in the real-world asset tokenization narrative heading into April 13.

它的故事始于2025年2月，当时OM令牌在恒星区块链上达到了近9美元的历史最高点。在一笔1亿美元的交易的支持下，曼特拉（Mantra）在迪拜（Dubai）的房地产和数据中心（Damac Group）的房地产和数据中心（Mantra）的支持下，在前往4月13日的现实世界资产代币化叙述中建立了强大的地位。

Securing a Virtual Assets Regulatory Authority (VARA) license in Dubai and launching a $108-million ecosystem fund with support from Laser Digital, Shorooq, Amber Group and Brevan Howard Digital, Mantra was a rising star in the industry.

在Laser Digital，Shorooq，Amber Group和Brevan Howard Digital的支持下，在迪拜获得虚拟资产监管机构（VARA）许可证，并启动了1.08亿美元的生态系统基金，Mantra是该行业的新星。

But on April 13, that momentum was violently interrupted.

但是在4月13日，这种势头被猛烈打断。

24 hours of the Mantra OM fiasco

24小时的咒语惨败

April 13 (16:00–18:00 UTC)

4月13日（16：00–18：00 UTC）

Mantra’s OM token was trading sideways throughout the day. It dropped from $6.14 to $5.52 during this two-hour window.

Mantra的OM令牌全天都在侧面交易。在这个两个小时的窗口中，它从$ 6.14跌至5.52美元。

April 13 (18:00–20:00 UTC)

4月13日（18：00–20：00 UTC）

The token suddenly fell to $1.38 in the first hour, then to as low as $0.52 in the next — losing over 90% of its value in a single day. Social media erupted with theories, including a rug pull, insider dumping, forced liquidation or exchange manipulation.

代币在第一个小时突然下跌至1.38美元，然后在下一个小时低至0.52美元，一日损失了其价值的90％以上。社交媒体随着理论爆发，包括拉力拉力，内部倾销，强迫清算或交换操纵。

April 13 (20:00–22:00 UTC)

4月13日（20：00–22：00 UTC）

Early speculation surrounded a rug pull, sparked by a screenshot of a deleted Telegram channel. This was later debunked, as the deleted group was not Matra’s official channel. Cointelegraph can confirm that the project’s Telegram is active at the time of writing.

早期的猜测围绕着地毯拉，并在删除的电报频道的屏幕截图中引发。后来被揭穿了，因为被删除的小组不是Matra的官方频道。 Cointelegraph可以确认在撰写本文时，项目的电报活跃。

Mantra shared its first statement on X, but the brief update was met with immediate backlash from the community.

Mantra在X上分享了其第一个声明，但简短的更新得到了社区的立即反弹。

April 13 (22:00–00:00 UTC)

4月13日（22：00–00：00 UTC）

In the days leading up to the crash, at least 17 wallets had deposited a total of 43.6 million OM (worth $227 million) into Binance and OKX, according to blockchain tracker Lookonchain.

根据区块链Tracker Lookonchain的说法，在坠机事故发生前的几天中，至少有17个钱包存入了4,360万OM（价值2.27亿美元）和OKX。

Two of these wallets were labeled by blockchain data platform Arkham Intelligence as belonging to Laser Digital, a strategic Mantra investor. The label triggered further speculation and allegations against Laser Digital. At the time of writing, the accuracy of Arkham’s labels has not been confirmed, and the platform has not responded to Cointelegraph’s request to clarify.

这些钱包中的两个由区块链数据平台Arkham Intelligence标记为属于战略咒语投资者Laser Digital。该标签引发了针对激光数字的进一步猜测和指控。在撰写本文时，尚未确认Arkham标签的准确性，该平台尚未回应Cointelegraph的澄清请求。

Meanwhile, Mullin replied to community questions under his X post, suggesting internal findings pointed to one exchange as the main cause of the collapse while stating that it was not Binance.

同时，穆林在他的X帖子下回答了社区问题，表明内部发现指出一种交流是崩溃的主要原因，同时表明这不是binance。

April 14 (00:00–02:00 UTC)

4月14日（00：00-02：00 UTC）

Both Binance and OKX responded to the situation. Binance said, “Binance is aware that $OM, the native token of MANTRA, has experienced significant price volatility. Our initial findings indicate that the developments over the past day are a result of cross-exchange liquidations.”

Binance和OKX都回应了这种情况。 Binance说：“ Binance意识到，Mantra的本地代币$ OM经历了大量的价格波动。我们的初步发现表明，过去一天的发展是交叉交换清算的结果。”

OKX CEO Star Xu posted on X, “It’s a big scandal to the whole crypto industry. All of the onchain unlock and deposit data is public, all major exchanges’ collateral and liquidation data can be investigated. OKX will make all of the reports ready!”

OKX CEO明星XU发布在X上：“这是整个加密货币行业的大丑闻。所有OnChain Unlock和存款数据都是公开的，所有主要交易所的抵押品和清算数据都可以调查。OKX将准备好所有报告！”

OKX stated, “Following the incident, we have conducted investigations and identified major changes to the MANTRA token’s tokenomics model since Oct 24, based on both publicly available on-chain data and internal exchange data.

OKX表示：“事件发生后，我们已经进行了调查，并根据10月24日以来对咒语令牌的标记模型进行了重大更改，基于公开可用的链上数据和内部交换数据。

“Our investigation also uncovered that several on-chain addresses have been executing potentially coordinated large-scale deposits and withdrawals across various centralized exchanges since Mar 25.”

“我们的调查还发现，自3月25日以来，几个链上的地址一直在执行潜在协调的大规模存款和撤离。”

April 14 (02:00–05:00 UTC)

4月14日（02：00-05：00 UTC）

Laser Digital denied ownership of the wallets tagged by Arkham and reported by Lookonchain, calling them mislabeled.

Laser Digital否认了由Arkham标记并由Lookonchain报告的钱包的所有权，称它们被贴错了标签。

“We want to be absolutely clear: Laser has not deposited any OM tokens to OKX. The wallets being referenced are not Laser wallets,” the company said on X, sharing three token addresses to

该公司在X上说：“我们希望绝对清楚：激光尚未存入OKX的任何OM令牌。被引用的钱包不是激光钱包。”