The recent dramatic price drop of the OM token, a project associated with the Mantra crypto ecosystem, has prompted responses from major exchanges like Binance and OKX. The tokens have experienced a 90% decline in value since April 13th, leading to concerns for its investors. Both platforms are conducting investigations into the cause of this sudden crash. Binance, known for its user-focused platform, acknowledged the situation, stating that preliminary findings point to cross-exchange liquidations as the likely driver behind the recent price drop. Binance also highlighted that it had implemented warnings about potential OM token volatility since January 2025, emphasizing the need for users to exercise caution. Meanwhile, OKX CEO Star expressed concern over the event, deeming it a