PANews reported on April 14 that according to Lookonchain monitoring, five hours before the OM token plummeted, a wallet that had been silent for a year transferred 2 million OMs to a wallet that may be related to Shane Shin (@KeunShane).

This is suspected to be related to the rumored OTC transaction. The wallet received 2 million OM at a price of $12.58 million, but now its value is only $1.57 million. Shane Shin has publicly praised the OM token many times.