I found an interesting thing: NOT is TON when turned upside down! So what will be the trend of TON? ?
Toncoin (TON) has seen a significant increase in whale activity recently, with large TON transactions exceeding $100,000 increasing by more than 237% in the past 24 hours. This means that the surge in large transactions may indicate that bulls have intervened in the market, and large holders are adjusting their positions in response to expected market changes, indicating that TON's price may be about to experience significant fluctuations.
In the last 24 hours, the number of large Toncoin transactions (over $100,000) has surged 237.5%! This could be a sign that large holders, or whales, are preparing for large price movements. While it is unclear if this will result in a bullish or bearish trend, this activity itself could indicate that market participants are anticipating large price movements. Whales often adjust their holdings based on anticipated changes in price or market conditions, and this surge could signal potential market moves.
As of writing, TON is up 2.81% in the past 24 hours at $6,932, making it the 10th largest cryptocurrency with a market cap of $15.97 billion.
Several factors that may have contributed to the surge in Toncoin whale activity include the growing popularity of the TON network, as reflected in the record high number of daily active users (wallets).
As the market reacts to a surge in whale activity, the price of Toncoin could be significantly affected. If whale activity is driven by positive market sentiment, the price of TON could rise significantly.
