MANTLE's approximately
↘6%
pullback over the past 24 hours comes as the year's top Layer 2 performer sees roughly $97M move off exchanges over the past day, signaling accumulation by large investors.
Foundation strengthening despite consolidation
Despite the recent dip, MANTLE leads all Layer 2 tokens this year with roughly
↗28%
outperformance versus its category over the past month, while blockchain data shows significant accumulation and trading activity surged approximately
↗69%
over the past month.
Large investors positioning for upside
Major holders moved roughly $97M off exchanges over the past 24 hours, a classic sign of long-term positioning, even as some investors took profits with transaction data showing profitable selling activity.
Building on category leadership
MANTLE continues as the top-performing Layer 2 token for the year while sustained investor interest remains strong despite the weekly
↘9%
consolidation, with trading volumes maintaining elevated levels.