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TLDR

Toncoin (TON) surged 17-20% after Telegram founder Pavel Durov was allowed to leave France

Open interest in TON jumped 67% to $169 million, reaching its highest level in 42 days

Durov was granted judicial approval to temporarily travel to Dubai following his arrest in August 2024

TON transactions and unique users increased significantly just before the announcement

Despite the recent surge, reports indicate 96% of TON holders remain at a loss