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cryptonews
2022-01-17 09:32:00

Olympus Sheds 35% in Price and USD 474M in Market Cap as Whale Dumps the Coin

Olympus Sheds 35% in Price and USD 474M in Market Cap as Whale Dumps the Coin

OHM, the native token of decentralized finance (DeFi) protocol Olympus, plunged by nearly 35% at around 2 am UTC on January 17, as a whale unloaded OHM 82,526 (worth USD 13.3m at the time), which triggered a series of liquidations that exacerbated the price drop. In terms of market capitalization, OHM shed nearly USD 474m following the sell-off, plummeting from USD 1.35bn to around USD 877m in an hour....Read More: Olympus Sheds 35% in Price and USD 474M in Market Cap as Whale Dumps the Coin

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