咒語剛剛遇到了一次崩潰的崩潰，這已經消除了其大部分價值。這是在崩潰期間的鍊鍊指標發生變化的方式。

在X上的一篇新帖子中，鏈接分析公司GlassNode討論了過去一天曼特拉（Mantra）看到的突然價格下跌。

Mantra (MANTRA) has just gone through a crash that has seen it lose most of its value. Here’s how on-chain metrics have changed during this collapse.

咒語（咒語）剛剛遇到了一次崩潰，使它失去了大部分價值。這是在崩潰期間的鍊鍊指標發生變化的方式。

Mantra Has Seen A Reaction In Several On-Chain Indicators

咒語已經在幾個鍊鍊指標中看到了反應

In a new post on X, on-chain analytics firm Glassnode has discussed about the sudden price plunge that Mantra saw in the past day.

在X上的一篇新帖子中，鏈分析公司GlassNode討論了曼特拉在過去一天看到的突然價格下跌。

During this crash, the asset’s value went from above $6 to around $0.50 in the matter of a few hours. First, here is how the Exchange Inflow (that is, the total amount of MANTRA being transferred to centralized exchanges) changed along with this volatile move:

在此崩潰期間，資產的價值從幾個小時內的$ 6上升到$ 0.50左右。首先，這是交換流入（即，被轉移到集中式交流的咒語的總量）隨著這種動蕩的舉動而發生變化的方式：

As displayed by the above graph, Mantra interestingly didn’t see any large spikes in the indicator in the leadup to the crash.

如上圖所示，有趣的是，咒語在撞車事故的指示器中沒有看到任何大的尖峰。

Investors use exchanges for selling-related purposes, so large deposits tend to appear before intense volatility.

投資者使用交易所用於銷售目的，因此大量存款往往會出現在強烈的波動之前。

In MANTRA’s case, however, it seems there weren’t such inflows. Large deposits have still occurred in the past day, but they only came after the collapse was already over. These late inflows likely corresponded to reactionary moves from the investors.

但是，就咒語而言，似乎沒有這樣的流入。在過去的一天中，仍然發生了大量的存款，但僅在崩潰已經結束之後才出現。這些晚期流入可能對應於投資者的反動行動。

The opposite indicator, the Exchange Outflow, also saw spikes following the price plummet, as the below chart shows.

如下圖所示，相反的指示器（交換流出）也看到了峰值的峰值。

While the largest withdrawals only came after the crash was over, there were some significant outflows also made before the low was reached. “This could reflect withdrawals post-liquidation, opportunistic buys followed by self-custody, or exchanges reducing exposure,” the analytics firm explains.

雖然最大的撤回僅在墜機結束後是出現的，但在達到低點之前也有一些大量的外流。分析公司解釋說：“這可能反映了運行後的戒斷，機會主義的購買，然後是自我顧客或減少曝光率的交換。”

One metric that did register a change ahead of time was the percentage of the Mantra supply held by the top 1% addresses.

提前登記更改的一個指標是前1％地址持有的咒語供應的百分比。

The top 1% addresses reduced their supply share from 96.4% to 95.6% before the MANTRA collapse took place. “While not the largest drop in recent months, it’s notable,” notes Glassnode.

最高的1％的地址將其供應份額從96.4％降低到咒語崩潰之前的95.6％。 GlassNode指出：“雖然不是最近幾個月最大的下降，但它是值得注意的。”

Another indicator that showcases the market panic is the Number of Transfers, which observed a huge spike as MANTRA went through its volatility.

展示市場恐慌的另一個指標是轉移的數量，隨著咒語經歷了其波動性，它觀察到了巨大的尖峰。

The Number of Transfers peaked at around 1,400 inside a 10-minute window. Given the scale involved, it’s likely that a large amount of traders were responsible for these moves.

傳輸的數量在10分鐘的窗口內達到1,400左右。鑑於所涉及的規模，大量交易者可能負責這些舉動。

And indeed, the trend in the Active Addresses, a metric keeping track of the number of addresses becoming involved in transactions on the chain, would confirm this.

實際上，主動地址的趨勢是一種指標，跟踪鏈條交易的地址數量，將證實這一點。

From the chart, it’s apparent that the Active Addresses mimicked the trend in the Number of Transfers very closely, so the Mantra selloff wasn’t contained to a few addresses at all.

從圖表中，很明顯，主動地址非常接近轉移數量的趨勢，因此根本沒有包含一些咒語拋售。

At the time of writing, Mantra’s price is hovering around $0.50.

在撰寫本文時，口頭禪的價格徘徊在0.50美元左右。