Manifold Trading Moves Final 5M MANTRA Tokens to Binance, Completes 134x ROI Investment Strategy

Manifold Trading recently moved its remaining 5 million MANTRA tokens, worth approximately $37.75 million, to Binance.

A large crypto investor known as Manifold Trading has recently moved his remaining 5 million MANTRA tokens, valued at approximately $37.75 million, to Binance. This marks the final stage of a remarkable investment strategy that began nine months ago.

According to data from on-chain service OnchainDataNerd, the trader initially purchased 9.33 million OM tokens for just $378,000. Subsequently, he sold 4 million MANTRA tokens, generating profits of $13.27 million.

If the remaining 5 million OM tokens are sold at the current price of $7.37, his total profit from this investment would reach $50.64 million, delivering an impressive 134x return on investment.

1 hour ago, #Manifold_Trading deposited his last 5M $OM (~$37.75M) to #Binance.

9 months ago, he acc. totally 9.33M $OM for $378k and sold 4M tokens for $13.27M.

If sold all 5M $OM at current price, his total profit for this investment will be 50.64M (ROI x134). pic.twitter.com/zhm3fW4lTR

As evident from the 4-hour price chart, OM has faced selling pressure, dropping 2.93% in the last 24 hours. The token’s price remains in a short-term downtrend, characterized by lower highs and lower lows.

A key support level has formed at $7.30, which has held against recent declines. However, a break below this level could trigger a deeper pullback toward $7.20. On the upside, MANTRA faces immediate resistance at $7.60. If the price can surpass this level, it may target the $7.75-$7.80 range.

The token’s market capitalization is down 2.90%, reflecting continued selling pressure.