• Since Pavel Durov’s arrest in France in August 2024, investors have sold over 890,000 TON.
• However, there are signs of TON’s price reversal from support, coupled with the OI Delta signal.

The arrest of Pavel Durov in August 2024 triggered a significant sell-off in Toncoin’s [TON]. In the aftermath, over 890,000 TON were sold, marking a distinct increase in market volatility.

Moreover, the recent transfer of over 240,000 Toncoin to exchanges in the past week has escalated selling pressure. This hints at investor apprehension, illustrating shifts in Toncoin’s price trajectory clearly declining following these events.

The number of Toncoin held dwindled sharply as these large quantities hit the market, leading to a noticeable dip in price.

This trend suggests that TON could face further declines if the selling pressure continues. However, it could also present a buying opportunity for those betting on a market recovery.

This precarious position underscores the broader impacts of geopolitical events on cryptocurrency markets, particularly for assets like Toncoin directly linked to high-profile individuals.

Open Interest Delta signals a potential reversal

Despite the sell-off, TON’s weekly Open Interest (OI) Delta showed increased volatility accompanied by growing OI. Historically, this pattern has often signaled an upcoming price surge.

The OI Delta climbed in mid-2024, Toncoin’s price rose sharply. Recently, similar increases in OI on the 25th of January 2025 suggested a potential reversal followed by a bullish trend soon.

If this correlation holds, monitoring the OI changes alongside price action could provide insights into TON’s short-term market dynamics.

Liquidity and position flow will be crucial in determining if the continued OI trend can trigger higher prices.