Mantra token (OM) crashed over 90% in an hour, dropping from $6 to under $0.4, causing a massive market value loss. The sudden closure of account positions without warning triggered the cascade, leading to concerns over exchange practices and RWA token stability.
Mantra Token Crash Wipes Out Billions in Market Value, Team Blames 'Reckless Liquidations'
Apr 14, 2025