Risk and fluctuations in the world of cryptocurrency are not new, but the news of a recent major loss has attracted everyone’s attention. A Crypto trader has suffered a loss of about $ 17 million (about 141 crore rupees) in Om Coin within just a month. This case not only Om coin Worth Explains the unstable, but also explains the need to be cautious in trading.
Om coin How was such a big loss?
According to a report by lookonchain, on 21 March 2025, a trending wallet took out 2.9 million OM coins from Binance Trade. At that time the coin price was $ 6.46, which had a total value $ 18.7 million. Investors might have thought that the price would move further, but the direction of the market became opposite.
Subsequently, on 20 April 2025, the same wallet deposited back 1.72 million Om Coin on the binance, which had a price at that time, only $ 0.58 per coin, ie the total price was $ 1 million. It is clear from this that this trader has a big loss of about $ 17 million in just one month.
Market response and technical indicator
After this development, there was a big stir in the trading of Om Coin. Om Coin’s trading volume on binance has increased by 150%. Talking about technical analysis, the Relative Energy Index (RSI) showed a decline below 30 April, which usually reflects oversold conditions. Despite this, there was no recovery. Similarly, MACD (Transferring Moderate Convergence Rerouting) showed a bearish crossover on 10 April, indicating that the price is going to fall further.
Along with this, on-chain data also gave shocking indications. Number of active addresses regarding OM Coin Increased by 40% And also in transactions of over $ 100,000 30% increase Has happened Which suggests that big investors were also active among this unrestability. Similarly before before Crypto trader lost $ 3.3m due to falling Om Coin Worth Was. These events indicate how important it is to take care between the ups and downs of the price.
Conclusion
This incident is a clear warning that there is always the possibility of major losses in the crypto market as well as major damage. It is very important to have an understanding of the right risk management, technical analysis and market before trading. This example of Om Coin is one for all crypto investors Lesson It is more important to invest wisely than greed.
Also, keeping in mind the market’s unprridinic nature, avoiding emotional decisions and keeping long -term vision can be more intelligent. This incident of OM Coin is a warning for all traders that never ignore the hidden danger behind the brightness of the crypto.
