$OM still has the potential to continue rising?
I once compared and pointed out the exact point for $OM to rise to the $1.3 region, then adjusted back to the accumulation region of $0.6 - $0.7. I just didn't expect it to accumulate around the $0.8x mark and then pump strongly to $4.5. At that time, I only thought it would rise to test the peak and then adjust strongly back to a deeper support level, but I didn't expect it to be so strong, ATH after #Mantra Chain mainnet was launched.
Mantra DAO has become the largest RWA project by market capitalization in the market. Hot RWA projects like OM ONDO POLYX PENDLE CPOOL
After OM hit ATH, there is a token $POLYX on Binance that is rising strongly, almost unaffected by BTC, having increased 150% (I haven't checked the performance of other tokens)
I am considering the case of OM continuing to rise so that anyone who bought at low levels and hasn't taken profit can refer to some useful on-chain data from whales as they are still accumulating just like Microstrategy accumulated BTC right at the peak.
1. Address 0xf636afe20c5d67fe2d5bf31a4f0143f1324d19be
This wallet has only 5 transactions and mostly transfers of OM and USDT to the wallet. In total, the whale has withdrawn 2.93 million OM through 3 transactions from #Binance at an average price of $3.591 (estimated cost: $10.51 million) in the past 24 hours.
2. Another address: 0x5ed1e6bae5314470563a8d7d4dbb8741bcdfb6a6
This wallet also only has 5 transactions. In total, the whale has withdrawn 1.65 million OM through 4 transactions from Binance at an average price of $3.689 ($6.1 million).
What do you think? Due to the forecast about the scale of the cryptocurrency asset market by 2030 being very large, I think whales are also calculating for OM's target in this way, which seems quite reasonable.