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Toncoin sees 80% whale activity surge amid 405 million USD sell-off

The volume of large transactions in Toncoin reached 1.68 billion TON, valued at approximately 9.75 billion USD. This burst in whale activity is notable amid the current cryptocurrency market’s sell-off that has prompted liquidations totaling 405 million USD.

In a broader market context, Bitcoin slipped to around 104,930 USD. Investors await the Federal Reserve’s decision on interest rates, expecting a quarter-point cut that may further influence altcoins like Toncoin, which has recently declined.

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