#Toncoin Transactions Spike Amid Crypto Sell-Off
Toncoin #TON defies market trends, with whale transactions surging 94% in the last 24 hours, totaling $8.21 billion. This rise comes amid a $482M crypto market liquidation, dragging Bitcoin (-2.26%), Dogecoin (-3.83%), and Cardano (-6.83%) lower.
🔍 Why It Matters:
*/ Whale Activity: Indicates accumulation or redistribution of TON.
*/ Market Context: Inflation fears and Fed signals on slower rate cuts weigh on sentiment.
📈 $TON is showing signs of recovery, up 0.09% in 24 hours, though it remains down 7.49% for the week.