CandleFocus Toncoin (TON) Surges 80% in Whale Activity Amid $405 Million Market Sell-off
2024-12-18
Author: Content Editor
Toncoin (TON) has seen a significant increase in whale activity, with its large transaction volume rising by 80% in the past 24 hours. This comes amidst a broader market sell-off, with crypto liquidations reaching 405 million. Bitcoin has taken a break from its upward momentum and is trading around $104,930, down 2.29% on the day. As expected, alternative cryptocurrencies like Toncoin (TON) have also experienced losses, down 6.22% in the last 24 hours. Investors are waiting for the Federal Reserve's decision on interest rates, with a quarter-point drop anticipated. This will be the third consecutive cut by the Fed, which has already lowered rates by a total of 75 basis points.
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