Arkham's on-chain data spotted something interesting in the Toncoin (TON) market. A whopping 13.9 million TON flowed into the Elector Contract – basically, the smart contract for validator elections and staking – between 02:57 and 18:12. These coins came from a bunch of unknown addresses.
### What Went Down: Whale-Sized Staking?
This nearly 14 million TON came from some pretty big addresses (starting with Ef_ and Uf9d). In the TON setup, the Elector Contract is where people toss their coins to get in on staking. So, when a massive amount of TON lands there, it usually means the big guys (whales) or validator groups are locking up coins to get in on the next validation round.
### Market Picture and What to Watch
Even though 2025 wasn't great for crypto, TON seems to be bouncing back from being seriously oversold, finding some support at a key price level.
| Metric | Level / Observation |
| -------------- | ----------------------------------- |
| Current Trend | Range-bound / Maybe changing trend? |
| Key Support | $1.40 – $1.45 (Long-time low) |
| Key Resistance | $1.67 (Now), $2.09 (Big break) |
| Momentum | RSI Oversold (32-36); Volume going up |
The price has chilled out after a long dip. This huge transfer to the Elector Contract limits the supply, pulling millions of coins out of circulation while the staking period is happening.
### What Could Happen?
* **Good News:** If the $1.40 support holds, the reduced supply could trigger a supply squeeze, which leads to price increases. the Relative Strength Index (RSI) looks oversold, and if the price breaks above $1.67, it could rally toward the $2.09 resistance area.
* **Maybe Not So Good:** Big inflows to the Elector Contract are part of keeping the network secure. If there is no new money, the price might not jump. Also, if the overall market (BTC/ETH) doesn't move, TON might just stick to its current range.
**Watch Out:** If stakes get unlocked suddenly after the election, it could flood the market with coins. If validators sell, prices could drop.
### Final Thoughts
13.9M TON flowing into the Elector Contract shows the network is becoming more secure, and validators are committed. However, traders should be careful. Technical signals point toward a potential bottom(lowest price), but a break above $2.09 is needed to switch the overall trend from negative to positive.
So, what do you think about this big stake? Is this what TON holders have been waiting for, or is it just normal network stuff? Let's talk about it below.
#TON #orocryptotrends #Write2Earn
**Disclaimer:** This post is just for info and is not financial advice. Do your own research before putting money into crypto.
