$TON Warning ⚠️
Hello everyone! Just noticed something and I thought I should share it with you.
After the News about telegram founder being arrested $TON dropped significantly. But the matter hasn't been resolved yet and people are longing it crazily .
By looking qt the chart we can observe that open interest is rising significantly with positive funding rate which indicates people are longing it heavily. And you know market makers love such situations to wipeout liquidity. So be careful with it, if you are longing $TON don't overexpose yourself by using high leverage. We might see a liquidation wick downward to wipeout those using high leverage .