咒语（OM）令牌坠毁90％，因为项目受到越来越多的怀疑

加密货币项目的咒语在一天之内将其价值的90％降低了90％后，越来越多。

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

加密货币项目的咒语在一天之内将其价值的90％降低了90％后，越来越多。

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.

该价值从6.27美元下降到仅0.72美元，从而删除了超过50亿美元的市场价值。接下来发生的事情只会使情况恶化。

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.

基于区块链数据，该项目的幕后组织Mantra Dao在4月14日星期一向Binance Caltles的OM代币中拨出了2695万美元。这是在价格巨大的垃圾场之后，这引发了观察者之间的危险信号。

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

更大的傻瓜理论：咒语代币价格每天倾倒90％，价值数十亿美元

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.

批评者引用了一个令人不安的事实：咒语团队拥有大约90％的OM令牌。所有权和交换转移时机的高度集中助长了潜在内部销售的指控。

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

“由于90％的人已经被丢入$ OM，似乎$ OM团队将要卖更多。

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首席执行官否认令牌倾销指控

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

Mantra首席执行官JP Mullin驳回了此类指控。他说，车队和投资者在坠机期间没有抛弃其持股。

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，穆林将价格下跌归因于加密货币交换所激发的“强迫清算”。当交易所无法覆盖保证金电话后自动出售交易商的持股时，就会发生这种清算。

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

但是他的说法并不是每个人都喜欢的。各种独立的分析师都监测了可疑的令牌转移，这些转移指向了不同的叙述。

On-Chain Detective Work Reveals Suspicious Transfers

链上侦探工作揭示了可疑的转移

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

加密分析师马克斯·布朗（Max Brown）发现，咒语在价格开始下跌前不久将近400万个OM令牌转移到了加密货币交易所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.

调查人员的问题在于，一旦将令牌移至Binance或OKX等集中式交流，他们就会变得更具挑战性。从本质上讲，这是一个盲点，可以在公共区块链上留下明确的步道，可以在该点处置令牌。

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

Mantra Chain $ OM在一个小时内坠毁了90％，55亿美元被淘汰了。

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

这是可能发生的方式以及为什么

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

一切始于昨天，当时可能的$ OM团队钱包在OKX上存放了390万个OM令牌。

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

OM团队成员占总供应量的很大一部分。

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

团队过去定期搬迁的资金已不是什么秘密。

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

但是，随着OM的价格开始急剧下降，这种转移的时机至关重要。

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

我们可以看到，今天上午11:00（GMT+8）将资金归功于交易所。

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

OM的价格从下午12:00开始下降（GMT+8）。

HERE WE SEE THE FUNDS ARRIVING AT THE EXCHANGE.

在这里，我们看到资金到达交易所。

AND HERE WE SEE THE PRICE DECREASE.

在这里，我们看到价格下降。

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

价格从下午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，它不断降至0.6美元。

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

由于90％的人已经倾倒了$ OM，似乎$ OM团队即将销售更多。

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.

尽管分析师无法证明这一点是因为内部人士卖掉了代币，但在价格跌跌撞撞之前进行交流的运动梯度无疑给人留下了严重的怀疑。

Exchanges Provide Varying Account Of The Crash

交易所提供了崩溃的不同帐户

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

主要的加密货币交换开始了有关引发OM令牌壮观跌倒的是什么。

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，证实了Mullin的帐户。在早期发现中，它们表明交叉交换清算很可能导致撞车事故，这将支持首席执行官'