Based on Nansen monitoring and COINOTAG News reporting on December 21, the past week saw Dragonfly Capital transferring around 6 million MNT to exchanges, equating to roughly $6.95 million. This on-chain activity signals strategic liquidity management amid evolving market conditions.
The firm continues to hold about 9.15 million MNT across multiple wallets, with an aggregate market value near $10.76 million. The multi-wallet custody approach aligns with systematic risk controls and operational diversification for digital asset holdings.
These figures are derived from on-chain data and reflect routine institutional reporting. Readers should monitor further disclosures to assess whether ensuing transfers indicate rebalancing activity or shifting exposure within the MNT ecosystem.
Source: https://en.coinotag.com/breakingnews/dragonfly-capital-moves-6-million-mnt-to-exchanges-in-past-7-days-holds-9-15-million-mnt-across-wallets
