In the past week, whale activity in the ton coin network has increased dramatically. According to the data, the network's large trading volume reached a new record of 9.03 billion tonnes, equivalent to 34.28 billion. This growth, despite recent price fluctuations, shows the active presence of large investors in the toncoin market.
Cash flow data shows a 261 percent increase in purchases by major market investors in the last 24 hours. This increase is usually a sign of market confidence and a forecast for price growth.
At the same time, the number of daily transactions of ton coin has reached 382.9 thousand, the highest level in the last 11 days, indicating the high acceptance of this digital currency. These factors have had a positive impact on the price of ton coin and have increased its value from 3.6 to over 4.
The return of whales to the market has caused upward sentiment. The previously negative ton rat foundations are now positive, indicating that long positions are more likely than shorts. This is a case of investor optimism about higher price growth.
If this trend persists, ton coin may reach a level of 4.6. However, if sellers sell their assets to make a profit, there is a possibility of price correction up to 3.8.
