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MrSoup , (edited )

The Linux FHS does not address this, so it’s up to you where to mount it. There is no correct choice, but if you want to follow standards just mount it inside /mnt which is the nearest use-case (/media could be automatically used by your DE, so avoid it). Otherwise you can just create a custom folder in root like someone else suggested.

Take a look at FHS spec.

Edit:
On arch forum someone suggests /mnt/data

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