#MarketPullback of May 5, 2025, Mantra (OM) has experienced a significant price drop, falling below the $0.50 mark. Currently trading at approximately $0.39, this decline marks a substantial retreat from its all-time high of $9.11 reached in February 2025 .

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🚨 Why Did OM Crash?

1. Whale Sell-Offs: A major factor contributing to OM's decline is the substantial sell-off by large holders, commonly referred to as "whales." On-chain data indicates that addresses holding between 100 million and 1 billion OM tokens reduced their holdings from 477 million to 272 million tokens. This translates to approximately $760 million worth of OM being offloaded, exerting