๐ง๐ข๐ก๐๐ข๐๐ก ๐๐๐ฆ ๐ฎ.๐ต๐ ๐ง๐ข๐๐๐ก๐ฆ ๐๐๐๐ ๐๐ง ๐๐๐ฌ ๐ฃ๐ฅ๐๐๐ ๐๐๐ฉ๐๐๐ฆ โ ๐ช๐๐๐ ๐๐ง ๐๐๐ง $๐ฐ?
Toncoin (TON) is trading just under $3 โ and now, data from Glassnode reveals something serious: Nearly 3 billion TON tokens are concentrated in just 4 key price zones, which could either support or block its next big move.
Hereโs what that means and what traders should watch next. ๐
๐ 4 Key TON Supply Zones (According to Glassnode)
These zones are where a lot of investors bought their TON โ meaning they can act as support (if TON falls) or resistance (if TON rises):
$2.01โ$2.05 โ 1.32B TON
$2.18โ$2.22 โ 535M TON
$2.91โ$2.98 โ 863M TON
$3.83โ$3.87 โ 261M TON
Current Price: ~$2.85
Target Zone: A breakout above $3.87 could push TON toward $4, a potential +37% gain.
๐ Why $2.91โ$2.98 Matters Most
๐ฆ This zone holds 863 million TON โ and itโs likely controlled by one large investor or entity.
๐ According to Glassnode, this wallet has been:
Accumulating TON for years
Ignoring short-term price spikes
Never panic selling โ even during major drops
This suggests long-term confidence and a strategic investor who's not here to flip โ but to hold.
โ๏ธ What to Expect Next:
If TON breaks through the $3 zone:
It needs to clear $3.87 (minor resistance)
If that happens, $4 becomes highly possible
But if price weakens:
$2.91โ$2.98 may act as the first support
If that breaks, the next cushion is around $2.18
๐ What Traders Should Do Now:
โ Watch volume near $3 โ rising volume = strong breakout potential
โ Monitor the $2.91โ$2.98 zone โ whale activity may support price
โ Set alerts at $3.87 โ if it breaks cleanly, $4 is in sight
โ Be cautious of resistance selling from holders in the $3.80 range