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Toncoin experiences significant whale activity alongside market sell-off

Whale transactions surge significantly: In the last 24 hours, whale activity for Toncoin (TON) increased notably, with large transactions reaching 1.68 billion TON. This spike reflects heightened interest amid challenging market conditions, emphasizing the volatility present in current cryptocurrency trading.

Market sell-off impacts overall prices: The broader cryptocurrency market faces a MAJOR sell-off, with Bitcoin (BTC) dropping by 2.29% to around 104,930 USD. This decline signals investor caution as the Federal Reserve nears a potential quarter-point interest rate cut, affecting market dynamics.

This is community-generated content, not advice from ONUS.
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