OM COLLAPSE

MARKET IMPACT
• $om crashed 92% in 6h from $6.40 to $0.57
• $6b market cap wiped in single day
• $41m+ insider deposits to exchanges pre-crash
• trading volume inconsistent with $6b valuation

TEAM ACTIONS
• telegram channels deleted during crash
• team went dark after price drop
• controlled 90% of supply according to @fungibIes
• scheduled $45.92m token unlock for april
• large holder dumped $40m position

RECENT DEVELOPMENTS
• ibc protocol bridge added april 10
• fireblocks integration april 8
• $108.9m ecosystem fund launched april 7
• liquidity remained thin despite developments