According to @lookonchain, before the $OM price crash since April 7, at least 17 wallets moved 43.6M $OM, valued at $227M at the time, into exchanges, representing 4.5% of the circulating supply. Arkham’s tagging indicates that two of these addresses are associated with Laser Digital. This substantial transfer of $OM to exchanges could have significantly impacted market dynamics, affecting the trading strategies of investors and potentially leading to the observed price drop.