Mantra dips below $0.50 after massive whale dump: Can OM recover?
Whale capitulation and OM’s breakdown from $6 to $0.42 reflected intense sell-side pressure. On-chain indicators stayed bearish, with both MVRV and RSI buried deep in oversold territory. Mantra [OM] has entered a highly volatile phase after a whale deposited 2 million OM, valued at $871K, into Binance, realizing a staggering $25.44 million loss. This move … Read more