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Mantle (MNT) sees higher trading volume and derivatives activity amid position unwinding and weaker momentum.

Technical Signals
07 Oct 2026
Tokenpost
View Source
Neutral
Mantle (MNT) sees higher trading volume and derivatives activity amid position unwinding and weaker momentum.

On October 7, Mantle (MNT) experienced a notable increase in trading volume and derivatives activity, with open interest dropping 14% to $50 million and derivatives volume rising 210% to $39 million. Spot trading volume also grew by 89% to $48 million. The market showed net futures outflows of about $4 million and spot net outflows of $928,000, indicating more value leaving exchanges than entering. These movements suggest position unwinding during a period of weaker market momentum, without any new protocol announcements influencing the activity. Key technical levels identified include $0.50 as support and $0.63 as a potential recovery point, though these are not confirmed forecasts.

Mantle (MNT) trades at Rp10.264 on Pluang as of Oct 07, 2026 19:20 WIB, down 10.88% in one day. The market cap stands at Rp33,81 trillion with a 24-hour volume of Rp937,59 million. Most Pluang users are buying MNT, holding it for about 29 days on average, showing steady interest despite recent price drops.

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