Mantra [OM] is currently priced at 6.52 USD, experiencing a decline of 5.31% in the last 24 hours. The critical support level is at 6.10 USD, suggesting a potential for a rebound if this level holds.

Recent whale activity highlights strong interest in OM, with 19 wallets withdrawing 61.52 million USD worth of tokens from Binance. This has raised concerns due to unrealized losses, bringing uncertainty to short-term price action.

Market participation is waning, as Open Interest in OM dropped by 6.55%. Despite a surge in new addresses by 159.49%, there may be a lack of sustained engagement from traders, potentially leading to increased volatility.