OM abnormal transfers suspected before the collapse, possibly related to Shane Shin

WuSaidBlockchainW · 2025-04-14T06:30:48+00:00

An article revealed that 5 hours before the collapse of the OM Token, an Address transferred 2 million OM to a Wallet suspected of being related to Shane Shin, which had been inactive for a long time. The Wallet was previously purchased for 12.58 million dollars, but its current value has fallen to about 1.57 million dollars. Shane Shin publicly supports the OM project; he is the co-founder of the encryption venture capital firm Shorooq Partners, and this transaction may involve OTC Trading.

WuSaidBlockchainW

2025-04-14 06:30:48

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According to reports from Wu, Lookonchain monitored that approximately 5 hours before the OM crash, an Address transferred 2 million OM to a Wallet suspected to be related to Shane Shin, which had been inactive for a year. This Wallet initially purchased the Tokens for about 12.58 million USD, and its current value has fallen to about 1.57 million USD. Shane Shin has publicly supported the OM project multiple times. This transaction may be related to rumored OTC Trading. Shane Shin is the co-founder of the crypto venture capital firm Shorooq Partners.

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