Recently, TON coin has seen a significant 357% increase in net flow in and out of exchanges. This has caught the market’s attention, sparking discussions about its impact on TON’s price. According to IntoTheBlock data, the net flow of TON in and out of exchanges has increased by 357%. Interestingly, this negative flow (more outflow from exchanges) can be a positive sign for TON. Negative flow indicates that more TON tokens have been withdrawn from exchanges, usually signaling accumulation or buying after sharp price declines. Therefore, this 357% increase can be considered a bullish signal for TON. On the other hand, TON’s price, after reaching its highest level on December 4th at $7.2, experienced a downward trend, reaching its lowest level at $4.67. However, buyers quickly entered the market at this level and prevented further price drops. At the time of writing this report, TON coin’s price has decreased by 1.82% in the past 24 hours, in line with the overall trend of the digital currency market. Additionally, TON has experienced a 9.58% price decrease in the past week. You can check the prices of all tokens and cryptocurrencies live and in real-time on the instant digital currency price page.
