According to Ai 姨, a wallet has transferred an additional 2 million OM tokens to Binance, with a total transfer of 5 million OM worth $37.75 million in the past 8 hours. This activity raises questions about the liquidity capacity of the Binance OM spot market, which recorded a 24-hour trading volume of $85.37 million.

According to Ai 姨 (@ai_9684xtpa), Manifold Trading is suspected of reducing its position in 3 million OM tokens acquired at $0.04 in November 2023. If sold, this could result in a profit of $22.7 million. The OM token is experiencing a surge reminiscent of last November's boom, and Manifold Trading's cumulative profit per OM token has exceeded $50.57 million.

According to Ai 姨, the smart money address 0x177...4fe76, which held $OM tokens for over a year, has reportedly reduced its position by 8.71 million tokens, realizing a profit of $61.23 million. The address initially withdrew 23.83 million tokens from Binance at an average price of $0.2261 on January 3, 2024, and moved 11.53 million tokens to a new address 11 months ago. The address became active nine hours ago, partially transferring tokens back to an exchange as OM experienced a sharp 24-hour price increase.