#TONRally Toncoin's open interest skyrocketed 67% after Pavel Durov's departure from France
Toncoin's open interest surged after it was revealed that Telegram founder Pavel Durov left France, where he had been for months following his detention.
Toncoin's open interest (OI) increased by 67% in the last 24 hours after the report of Telegram founder Pavel Durov's departure from France, where he had been forced to stay since his arrest six months ago.
On March 17, Toncoin's OI
TON
3.41
, a metric that tracks the total number of outstanding derivative contracts of Toncoin, such as options and futures, reached 169 million dollars, representing a 67% increase from the previous day when reports of Durov's departure emerged, according to data from CoinGlass.
Toncoin's open interest reaches its highest level in 42 days
It is the highest level of OI in Toncoin since February 1, when it was at 171.49 million dollars.
TON is the native cryptocurrency of The Open Network and is the exclusive blockchain infrastructure for Telegram's Mini Apps ecosystem.
