Glassnode analysis reported by PANews shows that $OM dropped sharply below $1 today. A major transfer of 38 million tokens at $0.71 each to exchanges suggests panic or arbitrage. The top 1% holding dropped from 96.4% to 95.6%, indicating large holders were selling. About $740 million in realized market value was lost in hours. Increased transfers and active addresses point to broad market activity, driven by a general market reaction rather than early investors.

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