Bach Thanh Tan
@bachtan
Just within 3 days before the crash, this group of fresh $OM whales moved 14.27M $OM (~$91M) to #OKX at an average price of $6.375. Back in late March, they had jointly scooped up 84.15M $OM from #Binance for ~$564.7M (avg. $6.711). Now, after a brutal ~90% drop, their remaining 69.08M $OM is worth just $62.2M — putting their total estimated loss at a staggering $406.3M. However, they may have hedged the position elsewhere, and it's possible they contributed to the sharp drop.
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