Whales Add 190K Toncoin Despite 66% Market Cap Slide
Add ZyCrypto News On Google Toncoin (TON) is witnessing a paradigm shift despite caution taking center stage in the broader crypto market. According to leading on-chain metrics provider Santiment, the 100 largest…
Toncoin (TON) is showing an interesting on-chain dynamic even as the wider crypto market remains cautious. Analytics firm Santiment reports the 100 largest TON holders have added 189,730 coins over the past three months, a steady accumulation during a period of price weakness.
That buying stands out because Toncoin has shed roughly two-thirds of its market value since a local peak in August 2025. Despite the drawdown, TON remains the 28th-largest cryptocurrency by market capitalization and trades at about $1.45 per coin, according to CoinMarketCap.
Sustained whale accumulation during extended declines can be meaningful: historically, it sometimes precedes strong relief rallies if overall market sentiment improves and selling pressure eases. The current divergence between heavyholder behavior and falling prices suggests large, long-term players may be positioning for a potential trend reversal.
That said, short-term volatility is still elevated and broader market uncertainty could delay or blunt any recovery. For now, the contrast between whale buying and depressed prices is a sign that at least some investors view current levels as an opportunity rather than a reason to exit.
