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 AltcoinGordon, the current situation with Mantra DAO presents both opportunities and challenges for traders. The platform is experiencing significant volatility, which can be both 'beautiful & brutal' for market participants. The commentator expresses hope that Mantra DAO will address the current issues to stabilize the trading environment. Traders should keep an eye on potential developments as they could impact market dynamics and trading strategies.

According to @AltcoinGordon, the Mantra rug pull continues to impact the $OM token's value, raising concerns about its potential to plummet to zero. Traders should be cautious as the ongoing situation could significantly influence $OM's market performance. Source: [Twitter Link](https://twitter.com/AltcoinGordon/status/1911509268765057353).

According to @AltcoinGordon, the closure of a short position on Mantra DAO (OM) resulted in a $1.4 million profit, attributed to a significant decline in the token's value due to a 'rug pull' event. This development is crucial for traders monitoring the stability of DeFi projects, as it highlights potential vulnerabilities and trading opportunities in volatile market conditions. Traders are advised to exercise caution and conduct thorough research before engaging in similar trades.

According to AltcoinGordon, Mantra DAO has closed their Telegram channel, raising concerns about a potential scam or rug pull. This move has put $OM holders on high alert, as sudden communication shutdowns often precede negative developments in the cryptocurrency space. Traders should exercise caution and closely monitor official Mantra DAO updates for any further developments.

According to AltcoinGordon, the Mantra team allegedly held a substantial amount of $OM and market sold it, which could lead to a severe decline in the token's value. This event has sparked concerns of a potential rug pull similar to LUNA or FTX. Traders should closely monitor the situation as the team has yet to address these allegations, which could significantly impact $OM's market trajectory.

According to Ai 姨, an address identified as 0x06b...91A60 has transferred 4.9 million OM tokens, valued at $20.61 million, to FalconX in the last hour. If sold, this could yield a profit of $16.53 million. Over the past nine months, this address has accumulated 20.77 million tokens from three sources, all traceable back to Mantra DAO Treasury addresses, when the token price was $0.8321. The address still holds OM tokens worth $16.36 million. OM is associated with the RWA blockchain.

According to Ai 姨, the address 0x06b...91A60 has deposited 4.9 million $OM tokens, valued at $20.61 million, to FalconX in the past hour. If sold entirely, this could yield a profit of $16.53 million. Over the past nine months, this address received a total of 20.77 million tokens from three different addresses, all traced back to the Mantra DAO treasury, when the token price was only $0.8321. Currently, the address still holds $16.36 million worth of OM tokens. OM is a token on the RWA public blockchain.