Toncoin Whale Activity Soars 111%, Signaling Potential Price Upswing

The TON blockchain witnessed a significant surge in whale activity over the past 24 hours, with large transaction volumes for Toncoin (TON) jumping by over 111%. This jump signals increased movement from major holders, as evident from data highlighting large transfers exceeding $100,000 reaching a staggering value of $5.75 billion on April 9th. This rise follows a brief market decline during the week before stabilizing. Analysts believe this activity could be an accumulation phase, internal transfer among wallets, or strategic maneuvers by large investors anticipating upcoming market trends.