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Manifold Trading reportedly reduced its holdings of 3 million OM tokens, realizing a profit of $22.7 million through the sale.

2025-02-20 15:11

BlockBeats News, February 20th, according to on-chain data analyst @ai_9684xtpa, quantitative investment firm Manifold Trading has reportedly reduced its position in 3 million OM tokens purchased at the November 2023 low point. The average purchase price at that time was only $0.04 per token (current price $7.43), with the sell-off resulting in a $22.7 million profit.


It is worth noting that the institution's accumulated single-coin return on OM has exceeded $50.57 million.

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