A whale faces $6.97 million in unrealized losses due to OM's plunge

TechFlow, April 22 — According to on-chain analyst The Data Nerd (@OnchainDataNerd), a whale accumulated 2.9 million OM tokens last month at an average price of approximately $6.45, costing around $18.7 million. Two days ago, the whale transferred 1.724 million OM to Binance, worth about $1 million at current market value; if all were sold, it would realize a loss of approximately $10.11 million (a -91% return). As of now, this address still holds 1.173 million OM, with an unrealized loss of around $6.97 million.