Lookonchain: Toncoin whale opens $5.39M 3x long as TON tests $3 level

Toncoin (TON) extended a four-day climb and reached $2.9 before easing, as leveraged activity intensified. On May 8, a whale opened a 3x long on 1.97 million TON worth $5.39 million, while total liquidations hit $28.7 million, underscoring elevated volatility around the $3 resistance.