Toncoin Price Tumbles Amid Mounting Selling Pressure

Toncoin Faces Selling Pressure as Exchange Supply Reaches Record High

Toncoin faces downward pressure as exchange supply increases, hinting at a potential sell-off in the market. Rising exchange supply and declining prices signal a bearish trend, raising concerns for Toncoin investors. As exchange supply peaks, Toncoin's price hits new lows, showing a strong inverse relationship between the two. More than 240,000 Toncoin (TON) have transferred to exchanges in the last week, suggesting possible selling pressure. Sa…

Toncoin: 240K TON moved to exchanges – Should traders be worried?

Since Pavel Durov's arrest in August, TON has experienced a significant sell-off in price and tokens, though signs of reversal are now emerging.

Toncoin Price Tumbles Amid Mounting Selling Pressure

Over the past week, Toncoin (TON) saw more than 240,000 tokens transferred to exchanges, indicating building selling pressure. On-chain data from Santiment reports that Toncoin’s supply on exchanges has steadily increased. Historically, similar movements in the crypto market have meant...

What's Next For Toncoin Price As 240k TON Hits Exchanges?

Over 240K Toncoin moved to exchanges this week, signaling increased selling pressure, as Santiment’s on-chain data shows. Toncoin’s 4-hour MACD remains negative, with the MACD and Signal line below zero, indicating continued bearish momentum. Toncoin dropped 5.75% to $4.87 in 7 days as volume fell 35.09% and the market cap declined 2.26%, indicating selling pressure. Toncoin has observed a significant rise in the exchange inflows, where more tha…