Toncoin Open Interest (OI) has increased 67% over the last 24 hours after the arrest of Telegram founder Pavel Durov six months ago after his departure from France over the last 24 hours.
On March 15, Toncoin (TON) OI (Toncoin, which tracks the total number of unstable toncoin derivatives such as options and futures), has reached $ 169 million, and DUROV’s departure report increased 67% for the first time.
Toncoin Open Interest reaches the highest level in 42 days
It is the highest level of OI in Toncoin, which is $ 114.9 million since February 1.
Ton is the default cryptocurrency of Open Network and is a monopoly blockchain infrastructure of Telegram’s Mini App Ecosystem.
Here, edit the caption or remove the text
According to CoinmarketCap data, Ton’s price increased 17% over the same period, trading at $ 3.45 at the time of publication.
In the X POST on March 15, TONCOIN said Toncoin on March 15, saying, “It is significant in the long -term accumulation stage when it stabilizes near the main support level.
However, if this rally has a short life, Ton’s price returns to $ 3, which is traded on March 14, and you can clear about $ 18.8 million long positions.
TONCOIN public interests have soared since they were arrested in 2024
The court allowed Durov to travel to Dubai, a city without an Indian contract with many countries.
The market reaction indicates how important this case is in the encryption industry. Many people are worried that in August 2024, in France, Durov’s arrest can set up a precedent to crack down on other personal information -oriented services. He was accused of running a platform that enables illegal trade.
relevant: Bitget predicts Ton ‘De-Tegramization’ in the next two years.
Similarly, Ton’s OIs also surged when Durov was arrested in August 2024.
Following Durov’s arrest on August 24, 2024, TON’s OIs accounted for 32% in the next 24 hours and the price fell almost 12%.
On January 21, Telegram announced that it will suspend support for all blockchains other than the open network for messenger services.
magazine: AI apocalypse, La TIMES both kkk, llm trim: AI EYE Vitalik