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TON

TON Futures Open Interest Surges to 6-Month High

According to Glassnode, the open interest in futures contracts for #TON has risen by 33% in the last 24 hours, increasing from $143 million to $190 million — the highest since February 18.
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AI Analysis

The significant 33% increase in open interest for TON futures over a single day suggests a notable shift in market sentiment and trader engagement with the cryptocurrency. Such a substantial rise indi...

AI Recommendation

Given the sharp rise in open interest, it would be prudent to approach trading with caution. Increased open interest often precedes higher volatility, which could result in rapid price movements eithe...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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