DrMikeM
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Bullish
$OM OM what happened?
In early 2025, the cryptocurrency market experienced significant volatility, with many assets, including OM (Mantra), facing substantial price fluctuations. While broader market factors played a role, some analysts suggest that certain exchanges may have engaged in practices leading to the liquidation of long positions, exacerbating OM's price decline. For instance, on February 14, 2025, Coinglass data indicated sharp outflows of $898.87k from OM's spot market, highlighting increased selling pressure. Additionally, the surge in OM's open interest to $428.79 million during the same period suggests heightened speculative trading, which could have contributed to the asset's volatility. However, it's essential to approach such claims with caution, as market dynamics are complex, and definitive evidence of exchange manipulation requires thorough investigation.
After all, the team behind Mantra woke up and the token is still on with strong fundamentals… but as we can see 1 year price range shows more than 5 percent increase in token’s price! So it was a 1 year pump and dump game played by many players including big exchanges to liquidate longs and end the careers of many traders! Buy or not? I bought some on low levels but its your choice… The price is very realistic now and the token is still between top 100… Good luck!🧚🏻♂️☘️
#writetoearn #om
#CrisisMakesOpportunity
In early 2025, the cryptocurrency market experienced significant volatility, with many assets, including OM (Mantra), facing substantial price fluctuations. While broader market factors played a role, some analysts suggest that certain exchanges may have engaged in practices leading to the liquidation of long positions, exacerbating OM's price decline. For instance, on February 14, 2025, Coinglass data indicated sharp outflows of $898.87k from OM's spot market, highlighting increased selling pressure. Additionally, the surge in OM's open interest to $428.79 million during the same period suggests heightened speculative trading, which could have contributed to the asset's volatility. However, it's essential to approach such claims with caution, as market dynamics are complex, and definitive evidence of exchange manipulation requires thorough investigation.
After all, the team behind Mantra woke up and the token is still on with strong fundamentals… but as we can see 1 year price range shows more than 5 percent increase in token’s price! So it was a 1 year pump and dump game played by many players including big exchanges to liquidate longs and end the careers of many traders! Buy or not? I bought some on low levels but its your choice… The price is very realistic now and the token is still between top 100… Good luck!🧚🏻♂️☘️
#writetoearn #om
#CrisisMakesOpportunity
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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