Well-known investment institutions have continuously deposited MNT in large amounts, investing 7 million USD in a week.

2025-12-21 03:18:09

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[Chain News] Dragonfly Capital has been quite aggressive recently. In the past 7 days, they have continuously bought MNT at a certain exchange, accumulating 6 million coins, equivalent to nearly 7 million US dollars. In other words, they are either buying the dip or making liquidity arrangements.

Interestingly, this institution's wallet also holds over 9 million MNT, with a book value exceeding 10 million USD. From this perspective, Dragonfly Capital has quite a bit of confidence in MNT—continuously increasing their position while maintaining a large reserve. The actions of such big players are always a focal point of market attention and often reflect the institution's judgment on the medium-term trend of the project.

MNT0.43%

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RugPullAlarm

· 11h ago

6 million coins were smashed in a week, 9 million coins are still trapped in the Wallet, this configuration... Wait, let me check the historical records of these Addresses, don't let it be another variant of Be Played for Suckers.

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DegenRecoveryGroup

· 11h ago

7 million USD thrown in a week, this pace is indeed fierce, Dragonfly is holding back a big move.

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ForeverBuyingDips

· 11h ago

Dragonfly Capital's operation this time is quite aggressive, I need to keep up with the pace. This move by Dragonfly... just in one week, 7 million, and there are still tens of millions hidden behind, they really have high hopes for MNT. Institutions buying the dip never do so without reason, this signal must be taken seriously. Over 9 million tokens haven't moved, which shows that they are really optimistic for the long term, not just short-term trading. It's never wrong to follow the big players for a bit of soup, the question is when do we buy? This rhythm is a bit fierce, it feels like another wave is coming.

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SignatureDenied

· 11h ago

With institutions pouring in like this, it seems MNT really has something going on. --- 7 million USD dumped in a week, this pace is really fierce, feels like it's about to da moon. --- I see what Dragonfly is doing; they are betting on MNT to rise. --- Over 9 million coins untouched? This is definitely waiting for the right moment. --- Honestly, watching how institutions play is always right; I've never lost by following their rhythm. --- 700,000 a week; if it were me, I'd have to think about whether this is buy the dip or some other trick. --- These institutions have too much money; casually over 10 million USD in book value. --- MNT might have a story now; large funds are all lying in ambush. --- I’m a bit shocked; such a volume of deposits is rarely seen.

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ETH_Maxi_Taxi

· 11h ago

The妖风 has arrived, should we follow or not? --- 7 million USD smashed in a week, this guy really has faith in MNT. --- Wait, 9 million coins are still locked and haven't moved? They must be really confident to play like this. --- We still need to take a serious look at the signal of institutions buying the dip, to avoid being played people for suckers. --- Just want to know when they will dump, that’s the key. --- It's this logic again, when large investors make a move, the whole network has to follow suit, I think I’ll wait a bit before saying anything. --- This rhythm is a bit fast, is it buying the dip or digging a pit? --- 9 million coins locked and not moving, the situation is indeed different.

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