CandleFocus How This Mantra Whale Made $1.4 Million Trading OM
2025-01-26
Author: Content Editor
A whale in the cryptocurrency market has made a profit of $1.4 million from trading Mantra (OM) tokens, as the altcoin's price increased by 33.8%. The whale deposited 300,000 OM tokens to Binance, realizing a profit of $1.47 million. The trader had purchased 17.2 million OM tokens last year for $485,000 and currently still holds 3.573 million OM tokens worth $16.97 million. This indicates that the whale strategically sells the tokens when prices rise to maximize returns. The recent surge in the price of OM tokens is attributed to factors such as high staking yields and a strategic partnership with Dubai's Damac Group.
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