Here’s a rephrased version of your message, keeping the tone professional and clear:
1) To our Sherpas, OMies, and the broader crypto community,
First and foremost, the team and I want to express our sincere gratitude for the overwhelming support we've received in recent hours. It’s a strong reflection of the trust and commitment the community has toward MANTRA.
After careful analysis, we believe the recent volatility in the OM market was triggered by abrupt forced liquidations initiated by centralized exchanges against OM account holders. The speed and severity of the drop suggest that these closures happened suddenly and without sufficient prior notice.
The fact that this occurred during low-liquidity hours—Sunday evening UTC, early morning in Asia—raises serious concerns. At best, it points to negligence; at worst, it may indicate opportunistic market positioning by these exchanges.
Centralized exchange partners are vital in maintaining liquidity for ecosystems like ours. While we maintain close relationships with them, they retain significant discretionary power. When such discretion is exercised without proper oversight, disruptions like this can—and unfortunately do—occur, negatively impacting both projects and their communities.
To clarify, this event was not triggered by the MANTRA team, the MANTRA Chain Association, our core advisors, or any investors offloading tokens. All OM tokens remain locked and are still subject to the publicly communicated vesting schedule. OM’s tokenomics remain unchanged, as outlined in our latest token report released last week. Our wallet addresses remain transparent and verifiable.
$BTC $BNB
1) To our Sherpas, OMies, and the broader crypto community,
First and foremost, the team and I want to express our sincere gratitude for the overwhelming support we've received in recent hours. It’s a strong reflection of the trust and commitment the community has toward MANTRA.
After careful analysis, we believe the recent volatility in the OM market was triggered by abrupt forced liquidations initiated by centralized exchanges against OM account holders. The speed and severity of the drop suggest that these closures happened suddenly and without sufficient prior notice.
The fact that this occurred during low-liquidity hours—Sunday evening UTC, early morning in Asia—raises serious concerns. At best, it points to negligence; at worst, it may indicate opportunistic market positioning by these exchanges.
Centralized exchange partners are vital in maintaining liquidity for ecosystems like ours. While we maintain close relationships with them, they retain significant discretionary power. When such discretion is exercised without proper oversight, disruptions like this can—and unfortunately do—occur, negatively impacting both projects and their communities.
To clarify, this event was not triggered by the MANTRA team, the MANTRA Chain Association, our core advisors, or any investors offloading tokens. All OM tokens remain locked and are still subject to the publicly communicated vesting schedule. OM’s tokenomics remain unchanged, as outlined in our latest token report released last week. Our wallet addresses remain transparent and verifiable.
$BTC $BNB