OMG written off by whales - critical moment for rebound

0x.dawg
Dec 23, 2020
End of November we saw YUGE dump by whales and dolphins in OMG on-chain data:

This dump coincided very well with an ambiguous MVRV peak as well as a price top:

The MVRV peak occurred about a day before the whale selloff began and was followed a few days later with a confirming neg. peak in NUPL:

OMG is now at its last and most fundamental support. If this support at 2.60 USD breaks we can then expect a tidal shift as many remaining holders will exist with profit or loss. If no bounce occurs before the end of the year holders might be better of derisking.
Assets from this insight

OMG NetworkOMG
$ 4.76
24.97%in last 7d