Update onchain $MANTA - Holder $MANTA should read - $MANTA will there be a new bottom?
Binance just withdrew ~$8M $MANTA from the Zeroland top 3 TVL lending platform of the Manta network 2 hours ago.
stake wallet: 0x09eedbc1f3a3f9e25762a074900c78afd32aaddd
You must pay attention immediately
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1st:
On January 26 and January 29, the stake wallet received 4M tokens $MANTA ($11M) from Hot wallet Binance. Then the stake wallet transferred these 4M tokens back to the exchange for socialization through the fresh wallet => On February 27, the chart collapsed by 30%.
Hot binance wallet: 0x3CDfB47b0E910d9190eD788726cD72489bf10499
Fresh wallet: 0xa8037d740c17e333cb9f8b456020925cab60be74
Phase 2:
Binance collected 2.5M tokens $MANTA (> $7M) on March 4 => Right at the bottom, the collected price was around $2.5 - $2.7
Binance continues to collect 2.5M tokens $MANTA on March 18 => Collection price is about $2.8
Then on April 1, Binance transferred 5M tokens $MANTA (> $14M) to the previous stake wallet. Staking wallet transferred 5M tokens $MANTA to receive 5M $z0MANTA tokens on Zerolend and then used 5M $z0MANTA tokens to stake on the Manta platform to receive 5M $rz0MANTA tokens. => To put it simply, Binance brought $14M $MANTA previously collected to stake into the project.
Phase 3 (current):
Since the staking session on April 1, Binance has just unstaken 5M tokens $MANTA from the project (currently only $8M).
Tracking 3 wallets:
Hot binance wallet: 0x3CDfB47b0E910d9190eD788726cD72489bf10499
Fresh wallet: 0xa8037d740c17e333cb9f8b456020925cab60be74
stake wallet: 0x09eedbc1f3a3f9e25762a074900c78afd32aaddd
If $8M from the stake wallet is transferred to the exchange, it is likely that $MANTA will have a strong price adjustment => Before that was the sale on February 27
