➡️ Big Whale Dump Triggers Panic
✔ A large holder (whale) sent 2 million OM to Binance — worth $871K
✔ This whale took a $25 million loss, showing extreme panic selling
✔ Just 6 weeks ago, the same whale withdrew 4M OM worth $27M — now they’ve sold at a much lower price
✔ This kind of move usually shakes the market, especially for smaller coins
📉 Price Falls Below $0.50 — Is the Worst Over?
✔ OM is now trading at $0.4152, dropping nearly 5% in a day
✔ It recently broke down from a falling channel pattern — a bearish chart signal
✔ The chart also shows a long wick down, which often means panic or forced selling
✔ RSI = 17.2, which means the token is very oversold (could bounce, but risky)
✔ MACD is starting to flatten — showing that the heavy selling might be slowing down
⚠️ On-Chain Data Shows Weak Fundamentals
Here’s what blockchain data says about OM right now:
✔ Low network growth — very few new users joining (0.69%)
✔ Almost all holders are at a loss — only -2.13% in profit
✔ Whales are leaving — large holder concentration is down 0.05%
✔ Big transactions are slowing — dropped by 11.29%, showing less whale activity
📊 Value Metrics: Is OM Undervalued or Still Risky?
✔ MVRV Z-score = -2.36
• This shows OM is in deep loss territory
• In the past, this has been a bottom signal — but only if new buyers step in
✔ NVT Ratio = 26.37
• A high number means the price is too high compared to real activity on the blockchain
• This shows OM might be overvalued for now
✔ Stock-to-Flow = 0.834
• Lower number = more OM circulating
• This means OM is currently seen as less scarce, which may hurt long-term price
🤔 What Does It All Mean for OM
✔ OM is in a painful phase, with whales exiting and weak user growth
✔ A small bounce may happen because the token is oversold
✔ But for a real recovery, OM needs:
• More users
• Better fundamentals
• Strong use cases or token burns
⏳ Bottom Line:
Mantra is facing a lot of pressure — both from traders and on-chain metrics.
While short-term rebounds are possible, long-term recovery depends on restoring investor trust and bringing real demand back.
