Will the $1M+ whale transactions in MNT trigger a short‑term price rally or cause sell‑pressure as whales unwind positions?

Short‑term outlook: The $1 M+ “whale” moves reported for Mantle (MNT) are more likely to act as a catalyst for a brief upside thrust rather than an immediate dump. The Santiment/Bybit report flags a positive sentiment score of 70 and highlights that the bulk of the activity is concentrated among “platform‑token” holders who are still engaged in the Mantle ecosystem (e.g., staking, cross‑chain bridges, and DeFi apps). Large‑token transfers into exchange wallets typically signal preparation for market‑making or liquidity‑providing rather than outright liquidation, especially when paired with a bullish sentiment narrative.

Technical signals: On‑chain data shows the net flow of MNT into exchanges (+$0.9 M over the past 24 h) while the on‑chain “whale” alert (≥0.5 % of supply) has just been triggered. At the same time, MNT is holding key support around $0.018 – $0.020 and is testing a short‑term upward trendline that, if broken, could push the price toward the next resistance zone near $0.025. The convergence of on‑chain inflow + strong sentiment suggests a price‑swing to the upside rather than a rapid unwind.

Actionable trading take‑away:

- Long‑bias: Target the $0.022–$0.025 range for the next 1‑2 weeks; consider a trailing‑stop buy near $0.019 – $0.020 to capture upside while protecting against a sudden reversal.

- Risk management: Keep a tight stop‑loss just below the $0.018 support level. If the price breaks below $0.0175 with heavy sell‑volume, it may indicate that whales are indeed unwinding, prompting a short‑term corrective bounce.

Overall, given the current bullish sentiment, healthy on‑chain inflow, and technical positioning, the $1 M+ whale activity is more inclined to fuel a short‑term rally rather than generate immediate sell‑pressure. Monitoring subsequent on‑chain net flow and volume spikes will confirm whether the upward bias holds solidly.