According to Crypto Rover, the Mantra DAO stake wallet transferred 38 million $OM, valued at $26.96 million, to a Binance cold wallet. This move follows the dumping of 90% of $OM tokens, raising concerns about the remaining holdings and market impact. Traders should monitor $OM's price closely as this large transfer could affect liquidity and market sentiment.

According to Lookonchain, a dormant wallet transferred 2 million $OM tokens to a wallet linked to Shane Shin five hours before a significant market crash. This transaction, initially valued at $12.58 million, is now worth only $1.57 million, raising questions about potential OTC deal connections. The timing of this transfer suggests a potential influence on market dynamics, which is critical for traders monitoring $OM price movements.