According to online reports, investor Shorooq Partners issued a statement clarifying that the decline was not due to hacking or team sell-off, but was triggered by large-scale forced liquidation, which subsequently triggered panic sell-off during periods of low liquidity. Shorooq emphasized that its position as a long-term equity investor has remained unchanged and disclosed the relevant wallet address to demonstrate transparency. Some analysts pointed out that the collapse was caused by mandatory changes in leverage requirements and levels, while the lack of decentralized exchange market manufacturers exacerbated the problem. According to previous news, before the price of OM fell sharply, the partner wallet of suspected Middle East investment institution Shorooq Partners received 2 million OM transfers.