Large Investors Target MANTRA ($OM): Significant Withdrawals Signal Growing Interest

Large investors—or whales—are increasingly interested in MANTRA ($OM), and the cryptocurrency market is taking notice.

In the past 24 hours, $20 million worth of $OM has been withdrawn from Binance, amounting to 15 percent of the tokens currently in circulation and pointing toward a potentially significant price increase.

Three large wallets in the cryptocurrency space have recently been purchasing a substantial amount of $OM. These purchases have been made at an average price of $3.71. Now, traders and analysts are paying close attention to these developments, as they might indicate a significant market shift for the $OM token.

Over a mere seven-hour period, three prominent whale wallets—0xb37, 0xFdf, and 0x361—took the astonishing step of withdrawing a total of 5.348 million $OM tokens from Binance. These tokens, together worth $19.85 million, were pulled out at an average price of $3.71 apiece. If that doesn’t signal a vote of confidence in the future of the token, I’m not sure what does.

Three Whales Make a Splash with $19.85M $OM Withdrawals