Shorooq clarified that he did not participate in the $OM sell-off and the accident was caused by forced liquidation, not an attack

PANews reported on April 14 that according to a statement released by Shorooq, the MANTRA token $OM plunged by about 90% in the past 24 hours due to the forced liquidation of large leveraged positions during a period of low liquidity, not due to technical loopholes or project party selling. Neither Shorooq nor the MANTRA team sold any tokens before or after the incident, and most $OM is still locked. Shorooq emphasized that it is a long-term equity investor in MANTRA and firmly supports its vision of RWA on-chain.

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together
PANews APP
比特币现货ETF昨日总净流入1475.78万美元,过去3日净流出后首次净流入
PANews Newsflash