🔵 Analyst Ali Martinez reported that crypto whales are actively accumulating Toncoin (TON) amid market stagnation. Over the past week, whales have purchased more than 45 million Toncoin tokens worth approximately $346.5 million. Despite these transactions, Toncoin’s price has not surged — the cryptocurrency has increased by only 3.5% over the past week. Nevertheless, since February 2024, a bullish trend has dominated the TON market, suggesting the cryptocurrency could see a significant price increase in the future.
🔵 The activity of large investors indicates that they anticipate a long-term rise in the cryptocurrency’s value. However, it remains challenging to predict how the market situation will unfold and whether these expectations will be met.