Toncoin Whale Activity Surges, Yet Price Holds Steady

Toncoin, tied to Telegram, has seen a surge in whale activity, with major holders increasing their netflow by 131.63% recently. Large transactions have also spiked, with $1M-$10M transactions up 94% and those over $10M up 67%, signaling strong whale accumulation and long-term confidence.

However, short-term holders are selling quickly, adding pressure on TON’s price, which has dropped 10% in the past month. Currently trading at $5.09, TON faces possible support at $4.46 if bearish trends continue. If demand rises, a breakout above $5.26 could spark a rally toward $6.36.

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