A whale wallet address has resumed accumulating MANTRA (OM) tokens after a seven-month hiatus, withdrawing a total of 2.71 million OM tokens worth around $3.8 million from Binance. This accumulation follows a previous withdrawal of 12.3 million OM tokens. The timing and magnitude of these transactions suggest strategic moves in preparation for favorable market conditions. The price of OM has seen a 9% increase as a result of the whale's activities, indicating growing investor and speculative interest. Technical analysis suggests a strong trend with the Average Directional Index (ADX) standing at 43.79. The bullish sentiment should persist if the token continues to receive investor attention and maintains its trajectory in market cap and trading volume. Market watchers are observing these developments for potential sustained price increases and further investments.



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