Whales Actively Transfer $TON Ahead of Significant Price Surge
Monitoring whale movements is crucial in the cryptocurrency space, as large players often influence price directions. Fortunately, on-chain data allows us to track these whales.
A prime example is what happened with TON. From April to October 2022 and September to November 2023, TON's price remained relatively low (between $1 and $2), and whale activity was significantly high. During these periods, over 40% of TON tokens transferred on the network came from whales.
In the following months, the price began to rise and is now above $7. Monitoring whale movements in the future can help identify potential price peaks. Feel free to use the on-chain dashboard for this purpose.
