Crypto whales have bought Toncon (TON) for nearly $350 million in a week

A prominent crypto analyst has noted a major shift in the market, pointing out that major investors are putting significant funds into one of the leading altcoins.

Ali Martinez, a famous crypto strategist, share with their followers on social media platform X (Twitter) that over the past week whales have acquired large amounts of Toncoin (TON) .

Over the past week, whales have purchased more than 45 million Toncoins, worth around $346.5 million!

At the time of writing, TON is trading at $7.86, down 2.14% in the last 24 hours.

In addition to the Toncoin analyzer discuss the prospects before Dogecoin (DOGE) , the leading meme cryptocurrency. According to him, Tom DeMark's indicator “TD Sequential” – a tool traders use to identify potential reversal points, suggests that DOGE is poised for a bounce.

"TD Sequential presents a buy signal on Dogecoin's three-day chart, predicting a one-to-four candlestick bounce for DOGE.” noted Martinez.

At the time of writing, the price of Dogecoin is $0.1201, down nearly 24% in the last 3 hours.