Massive Movement of 4.59M TON in Four Minutes Market Alert

robot
Abstract generation in progress

In just a four-minute interval, between 15:22 and 15:26, a series of transactions caught the crypto community’s attention: approximately 4.59 million TON, equivalent to $6.97 million, were directed to a smart contract on the TON network. The current value of TON is around $1.53, reflecting the significance of this movement.

Details of the Operation

The activity originated from three unidentified wallets, each executing a transfer in quick succession. The first transfer left Ef_VwRQK… at 15:22, moving 1,553,552.69 TON (approximately $2.36 million). Minutes later, at 15:24, the second transaction was from Ef_A6gk…, totaling 1,553,550.75 TON ($2.36 million). The third and final one arrived at 15:26, originating from Ef-hGe5U…, with 1,483,814.03 TON ($2.25 million).

What Does This Mean?

The concentration of transfers in such a short time suggests a coordinated operation or a strategic withdrawal of funds. With millions of dollars flowing simultaneously into a smart contract, the market remains attentive to the next moves, trying to decipher whether this is a preparatory accumulation or a staking and delegation strategy on the TON platform.

TON0,65%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)