joaowedson
Massive TON (Toncoin) Movement: Whales Dominate the Blockchain
Recently, whales moved over $1 billion in Toncoin, indicating significant activity among the largest addresses on the network. On-chain data reveals an interesting picture of the distribution and impact of transactions on the Toncoin blockchain. Transaction Distribution On-chain transactions from 0 to 100 TON represent 99% of all transactions, but their impact is relatively low, moving only around 4 to 5 million TON on the blockchain. In contrast, transactions between 100,000 and 1 million TON dominate the volume, recently reaching 135 million TON, accounting for 53% of the total volume. Transactions over 1 million TON represent 30% of the total volume. These data clearly show that TON whales have the primary control over the blockchain and, consequently, significantly influence the price of TONCOIN. USD Transaction Impact Analyzing the distribution by dollar value, transactions over $1 million set records, surpassing $1.3 billion moved in a single day. Interestingly, when there are high volume spikes in these transactions, the price of TONCOIN tends to react positively. In summary, TON whales play a crucial role in moving large volumes of TONCOIN, significantly impacting the market and the price of this cryptocurrency. Keep an eye on the movements of these large transactions to better understand the trends and fluctuations in the value of TONCOIN. #TON #TONCOIN #WHALE