Ethereum

PIXEL

Bull Market

Toncoin

Foundation

<p><a href="https://platform.spotonchain.ai/en/signal-details/whale-bought-ton-amid-a-potential-telegram-ipo-54820" target="_blank" rel="noopener noreferrer nofollow">According</a> to on-chain data analytics firm Spotonchain, a crypto whale with the address 0x1ee69225a391ffb285ba7fec08b03e8a4e09c47c made a significant move in the Toncoin (TON) market. The whale swapped 205 ETH for 198,863 TON, worth approximately $816,000, at an average price of $4.103 in the past 8 hours.</p>
<p>Moreover, in the past 25 hours, the whale has swapped a total of 214 ETH for 209,237 TON at an average price of $4.074, amounting to $852,000.</p>
<p>Toncoin, a decentralized and open internet created by the community using Telegram’s technology, experienced a 28.1% price pump in the past 24 hours, according to Spotonchain. This surge coincided with Telegram CEO Pavel Durov’s revelation about a potential IPO listing for the social app.</p>
<h2 class="wp-block-heading" id="strong-the-whale-s-trading-history-and-portfolio-strong"><strong>The Whale’s Trading History and Portfolio</strong></h2>
<p>The Whale’s trading activities span various cryptocurrencies, with both realized and unrealized profits and losses. Notably, the whale gained $9,110 (+2.97%) from trading 532,625 PIXEL between February 27 and March 9, 2024, and $7,139 (+59.2%) from trading 198 SOL between November 20, 2023, and January 6, 2024.</p>
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<p>The whale, however, also faced losses, including $63.9K (-14.4%) from trading 100,023 BAND between July 24 and 27, 2020, and $28.4K (-10.4%) from trading 2,051 QNT between December 25, 2023, and January 6, 2024.</p>
<p>Additionally, the whale’s current portfolio holds significant positions, with unrealized gains and losses. These include an estimated profit of $1.59M (+73.7%) from holding 408 ETH ($1.65M), $260K (+179%) from holding 439,209 LMWR, $639K (+372%) from holding 1.65M CGPT, $68.1K (+7.99%) from holding 209,237 TON, and a loss of $13.8K (-2.59%) from holding 593,692 STORJ.</p>
<h2 class="wp-block-heading" id="strong-ton-s-ecosystem-expansion-and-mainstream-adoption-strong"><strong>TON’s Ecosystem Expansion and Mainstream Adoption</strong></h2>
<p>In a significant development, the TON Foundation <a href="https://x.com/ton_blockchain/status/1767868755374231674?s=20" target="_blank" rel="noopener noreferrer nofollow">announced</a> its collaboration with Fireblocks and DWF Labs. This partnership aims to bring advanced and secure direct custody technology to everyday people, making Web3 safer and more accessible.</p>
<p>Besides, Fireblocks’ integration with TON will enhance security and facilitate DeFi integrations. DWF Labs will bridge the gap between TON’s retail-focused ecosystem and Fireblocks’ enterprise-level services, developing a Web3 ecosystem ready for mainstream adoption.</p>
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<p>According to CoinGecko, the price of Toncoin (TON) is currently <a href="https://www.coingecko.com/en/coins/toncoin" target="_blank" rel="noopener noreferrer nofollow">$4.38</a>, with a 24-hour trading volume of $425,448,631.26. This represents an 18.05% price increase in the last 24 hours and a remarkable 64.67% price increase in the past 7 days, indicating growing interest and adoption of TON.</p>
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<p>The post <a href="https://captainaltcoin.com/whale-dumps-ethereum-eth-for-rallying-toncoin-ton-amid-major-collaboration-and-potential-listing/" rel="noopener noreferrer nofollow">Whale Dumps Ethereum (ETH) for Rallying Toncoin (TON) Amid Major Collaboration and Potential Listing</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Whale Dumps Ethereum (ETH) for Rallying Toncoin (TON) Amid Major Collaboration and Potential Listing

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