Shocking Collapse in Mantra Price: On-Chain Data Analysis Reveals Reasons for Mass Selling
• Price Drop: The price of Mantra (OM) has sharply declined, falling below the $1 level.
• On-Chain Data Analysis: The data shows that the drop resulted from widespread panic among individual investors and possibly forced liquidations, not due to early investor sell-offs.
• Market Dynamics: An increase in the number of transfers and active addresses indicates rising sell pressure among token holders.
