$OM
🚨 **Did the whales know about the collapse in advance? What is happening with OM?** 👀
While OM collapsed by 90% in April, the whales (big investors) were already involved and may now be seeking a significant rebound.
💰 **Let's take a look at the past:**
- **In February:** Whales made $93M (15.6M OM) in purchases within a week. This pushed the price up by 70% over 17 days, nearing $6.
- **At the beginning of March:** Purchases of $143M came from Binance wallets. This dropped the price by 8% and broke a technical pattern (rising wedge). This is generally a sign of a major sell-off to come.
💥 **What happened in April?**
$OM collapsed from $6 to $0.64. Small investors suffered huge losses.
But the whales? They saw this drop as an opportunity and bought aggressively.
- On-chain data shows that whales were continuously buying in May, particularly in the $0.41-$0.42 range.
**But beware:**
🟡 Trading volume is decreasing.
🔴 Risk indicators are rising.
🐳 Whales are still buying but more cautiously.
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**Why are whales so interested in OM?**
MANTRA is a project focused on Real World Assets (RWA):
✅ It has a VASP license in Dubai.
✅ It made a $1 billion deal with DAMAC.
✅ It receives strong funding support from the Middle East.
✅ The token distribution is very balanced (0.13% density), making manipulation difficult.
The RWA market could reach $16 trillion. $OM could gain significantly from this wave… if the market revives.
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📈 **What’s next for $OM ?**
- **If it exceeds $1:** A bull market may begin.
- **$6.47:** A significant resistance level.
- **Target:** $7.50.
**But there is risk:**
❌ If the whales pull support, OM could drop to $0.30.
**The big question:**
Are the whales preparing for a new rise, or are they luring in small investors to exit? 🐳💸