
Padmanabhan
@mpadhu
190 Following
36 Followers
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This is the answer to the $OM case, $8B market cap down to just $380M — a 20x drop.🔥
📌127M $OM tokens (worth $1.1B at ATH), accounting for 13% of the circulating supply, have left #Binance in the past 30 days.
📌Meanwhile, OKX has seen nearly 70M tokens deposited, which is more than half of what was withdrawn from Binance. The rest were spread across smaller exchanges like BTCturk, Bybit, Kucoin, etc.
📌As of now, insiders have dumped around 30M tokens, with 40M tokens still sitting on OKX → meaning the selling pressure remains extremely high.
There’s no longer any doubt: projects, exchanges, and funds are dumping on retail by mass-depositing tokens to exchanges. Among them, LaserDigital who joined the strategic round in May last year. 0 reply
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President Trump’s “Liberation Day” tariff announcement triggered a sharp crypto selloff, with BTC and ETH down 6% and 8% on the day, as investor anxiety mounts. The policy includes a 10% baseline tariff starting April 5, with reciprocal tariffs — some over 50% — set to follow on April 9.
VanEck appears to be preparing for a potential BNB ETF launch, having registered a trust company in Delaware, according to the state’s official records.
Fidelity Investments has launched a crypto-enabled individual retirement account (IRA) through its Web3 arm, Fidelity Digital Assets, allowing investment in Bitcoin, Ether, and Litecoin.
Strategy has purchased 22,048 BTC for US$1.92B between March 24 and 30 at an average price of US$86,969 per Bitcoin, bringing its total holdings to 528,185 BTC, according to an SEC filing.
GameStop has raised US$1.5B through a private convertible note offering, with plans to use the funds to purchase Bitcoin. 0 reply
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