Telegram Suddenly Receives 30 Million TON in Epic Transfer: Details

Thirty million Toncoin (TON) were transferred today, June 26, from the address of The Open Network Foundation to the address of the popular messenger Telegram. Thus, as TON Explorer data shows, a colossal amount of cryptocurrency equivalent to $224.64 million was transferred in one tranche to the address "UQCMOX."

Digging into the on-chain data, one can see that the balance of this address holds 213.48 million TON, which is equivalent to $1.59 billion. This is quite an active wallet, not only receiving but also withdrawing funds. It belongs to Telegram, a popular messenger with an audience of almost a billion people, with which the TON blockchain is almost directly connected.

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