Manifold Trading Deposits 5 Million OM Tokens Worth $37.75 Million into Binance

On February 20th, COINOTAG News reported significant movements in the crypto market, specifically highlighting the activity of renowned quantitative investment firm Manifold Trading. According to on-chain data analyst @ai_9684xtpa, Manifold Trading has recently deposited the last tranche of 2 million OM tokens into Binance, valued at approximately $14.92 million. This strategic deposit could yield an estimated profit of $14.84 million upon liquidation. In a remarkable display of market confidence, the firm has transferred a cumulative total of 5 million OM tokens to the exchange within an 8-hour window, reflecting a significant total value of $37.75 million. This activity underscores the growing interest in OM tokens and highlights the firm’s commitment to leveraging market opportunities.