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<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/whales-boost-the-open-network-transactions" data-wpel-link="internal" rel="noopener noreferrer nofollow">Whales Boost The Open Network Transactions</a><br></p>
<p style="text-align: justify">Large-scale transactions in the cryptocurrency sector, particularly in The Open Network (TON), have seen a notable rise. This surge, primarily driven by ‘whales’ or substantial holders, is capturing widespread interest. The focus now shifts to understanding the reasons behind this uptick.</p>
<h2 id="what-s-driving-big-transactions-in-ton">What’s Driving Big Transactions in TON?</h2>
<p style="text-align: justify">Transaction volumes exceeding $100,000 in TON have skyrocketed by 983%. This dramatic increase indicates significant movements from large investors. IntoTheBlock’s <a href="https://newslinker.co/category/ai/" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="exclude">data reveals</a> that the total volume of large transactions for TON has reached $4.1 million, translating to 559,590 TON coins.</p>
<p style="text-align: justify">Amidst market turbulence, the cryptocurrency sector is experiencing significant price fluctuations. Within the last 24 hours, TON’s price rose slightly by 1.86%, bringing it to $7.29. This comes as investors evaluate recent inflation data, notably the Producer Price Index (PPI), which influences future inflation expectations, while the overall market remains unstable.</p>
<h2 id="how-do-recent-inflation-figures-impact-the-market">How Do Recent Inflation Figures Impact the Market?</h2>
<p style="text-align: justify">Recent inflation data has injected a degree of unpredictability into the market. The Consumer Price Index (CPI) for June unexpectedly dropped by 0.1% from the previous month, bringing the annual rate to 3%, the lowest in three years. This decline has become a focal point for investors speculating on the Federal Reserve’s future monetary policies. Core CPI, which excludes food and energy, saw a 0.1% monthly and a 3.3% annual increase, both slightly below expectations.</p>
<p style="text-align: justify">This data has intensified discussions about possible Federal Reserve interest rate changes. Dow Jones economists had anticipated a modest 0.1% rise in the inflation measure for May and a 3.1% annual increase. Investors are particularly keen to see inflation nearing the Fed’s 2% target, as this may signal a potential easing of monetary policy. The recent CPI figures have bolstered expectations that the Fed might adopt a softer stance as early as September.</p>
<h2 id="key-takeaways-for-investors">Key Takeaways for Investors</h2>
<p style="text-align: justify">• Monitor large transaction volumes as an indicator of institutional investment.<br> • Consider the impact of inflation data on future Federal Reserve actions.<br> • Stay informed about TON’s price movements in response to market volatility.<br> • Evaluate the broader <a href="https://finance.coin-turk.com/" rel="noopener noreferrer nofollow" target="_blank" data-wpel-link="exclude">market conditions</a> when making investment decisions.</p>
<p style="text-align: justify">In conclusion, the significant increase in whale activities within The Open Network reflects substantial institutional interest. As the market navigates through inflation data and potential monetary policy adjustments, investors should stay vigilant and adaptable to the evolving landscape.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/whales-boost-the-open-network-transactions" data-wpel-link="internal" rel="noopener noreferrer nofollow">Whales Boost The Open Network Transactions</a></h5>

Whales Boost The Open Network Transactions

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Ďalšie články zverejnené 12. 7. 2024

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