Crypto Whales Have Bought Toncon (TON) for Nearly $350 Million in a Week

A prominent crypto analyst has noted a major shift in the market, pointing out that major investors are putting significant funds into one of the leading altcoins.

Ali Martinez, a famous crypto strategist, share with their followers on social media platform X (Twitter) that over the past week whales have acquired large amounts of Toncoin (TON).

Over the past week, whales have purchased more than 45 million Toncoins, worth around $346.5 million!

At the time of writing, TON is trading at $7.86, down 2.14% in the last 24 hours.

In addition to the Toncoin analyzer discuss the prospects before Dogecoin (DOGE), the leading meme cryptocurrency. According to him, Tom DeMark’s indicator “TD Sequential” – a tool traders use to identify potential reversal points, suggests that DOGE is poised for a bounce.

“TD Sequential presents a buy signal on Dogecoin’s three-day chart, predicting a one-to-four candlestick bounce for DOGE.” noted Martinez.

At the time of writing, the price of Dogecoin is $0.1201, down nearly 24% in the last 3 hours.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.