Toncoin (TON) Whales Show Strong Accumulation Trend Despite Majority Holders in Red

Toncoin's top 100 whale addresses have consistently increased their holdings since 2021, demonstrating strong long-term conviction in the asset. This sustained accumulation pattern indicates institutional confidence in future price appreciation, potentially signaling upcoming upward momentum.

Despite this whale activity, 71.28% of TON holders currently remain underwater at present price levels. A crucial support zone has emerged around $3.05, where significant recent accumulation has occurred. Resistance appears NEAR the $5-$6 range, where earlier buyers might seek breakeven exits through profit-taking.

Transaction metrics show growing institutional involvement, with $1M-$10M transactions surging 80% and deals exceeding $10M increasing by 50%. Derivatives market activity is intensifying as liquidation clusters FORM near the $3.50 resistance level.