On-chain data shows that the well-known investment firm Dragonfly Capital has been quite active recently. According to monitoring by Nansen, they have continuously deposited MNT tokens into a certain leading exchange over the past week, accumulating a total of 6 million tokens, equivalent to about 6.95 million USD. Interestingly, this institution's wallet also holds a large amount of chips—9.15 million MNT spread across multiple addresses, with a total value of approximately 10.76 million USD. Such a large position change indicates that their attitude towards this coin is adjusting. Are they testing liquidity or paving the way for subsequent operations? The subsequent trends need to be closely followed.

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