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Whales are actively transferring #TON ahead of a significant price jump
In the cryptocurrency space, tracking whale movements is very important as major players often influence the direction of price movements. Luckily, chain data allows us to track these whales.
A striking example is what happened with TON. From April to October 2022 and September to November 2023, the price of TON remained relatively low (between $1 and $2) and whale activity was significantly higher. During these periods, more than 40% of the TON tokens transferred on the network came from whales.