MANTRA Token Distribution: Early Trading Patterns Show Low Concentration

Analysis of MANTRA token distribution reveals a lack of concentrated holdings during initial trading periods, according to data from Glassnode. The largest accumulation area below the current spot price is found at $0.05, holding approximately 26 million OM tokens. This cluster emerged in May 2022. In contrast, the most prominent cluster sits at $6.66, with around 197 million OM tokens. This suggests that long-term early investors are not currently maintaining substantial positions at the current market value.