Toncoin (TON) has seen a surge in large transaction volumes in the last 24 hours, indicating significant whale activity despite a market sell-off. On-chain data shows an increase in TON transactions valued at over $100,000, suggesting that large holders are either accumulating or redistributing their holdings. This comes as the overall crypto market continues its sell-off, with $482 million worth of positions liquidated. However, TON has shown signs of rebounding, with a slight increase in the last 24 hours. The sell-off in the crypto market is being influenced by concerns about inflation following the release of the Federal Reserve's December Meeting minutes. Investors are awaiting the nonfarm payrolls report for further guidance before the Fed's meeting at the end of January.



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