TON’s Short-Term Holder Losses Decline Significantly

TON’s short-term holder losses have declined significantly in recent weeks, signaling a potential shift in sentiment. The fall in losses may be a sign that holders are moving towards profitability, which could boost market confidence.

As short-term holders regain their footing, their renewed optimism may attract fresh capital. This can be expected to fuel sustained price momentum for TON on the charts.

A Bullish Turning Point for TON?

Between 3 February and 21 February, 1-week holder losses dropped from -21% to -3.8%. Conversely, 3-month holder losses fell from -33% to -29.3%.

This steady improvement could suggest a potential recovery phase, especially as short-term capitulation slows down. Historically, shrinking short-term losses have preceded bullish reversals, indicating that holders are regaining confidence and moving away from panic-selling.

If this trend continues, TON could establish a stronger price base, leading to upward momentum on the charts.

Assessing Price Action’s Strength

Further analysis of TON’s 1-hour Binance chart displayed Fibonacci retracement levels, showing price support at $3.5424 (0.786 level) and resistance near $3.7092 (0 level).

A successful reclaim of 0.618 ($3.6258) could validate a bullish continuation. Moreover, the MACD indicator revealed a bullish crossover, with the MACD line crossing above the signal line, and a growing green histogram confirming a rise in momentum.

Together, these indicators suggested that TON may be recovering, with key resistance tests ahead.

Strong Profitability – Can It Fuel Further Gains?

Examining TON’s break-even price data, it was shown that at press time, 89.7% of holders were in profit, while 9.5% remained out of the money.

The minimal at-the-money segment (0.79%) suggested that most positions were well-established in profit. Historically, such a structure has supported bullish sentiment, as profitable holders are less likely to sell aggressively. However, resistance zones near $4.76 and above could act as barriers if buying momentum fades.

A Sign of Growing Demand for TON

TON’s daily active addresses chart showed a 7-day increase of 10.67%, with new addresses surging by 42.22%. This uptick in new participants indicated growing network adoption, which has historically strengthened price stability.

Additionally, zero-balance addresses rose by 58.14%, suggesting possible wallet activity where traders consolidated or moved funds. This trend could imply that previously inactive wallets have re-engaged with the market, often linked to renewed investor confidence.

More active addresses and new entrants signal growing demand, reinforcing TON’s strength as it recovers.

Finally, TON’s spot net flows revealed a $60.03k net outflow over the past 25 hours — a sign that TON moving out of exchanges exceeded those moving into them.

This pattern appeared consistent with previous accumulation phases, where outflows reduce immediate selling pressure and support gradual price increases. Sustained outflows could indicate ongoing accumulation, potentially driving TON’s next upward leg.

In conclusion, as the trend progresses, TON may establish higher support levels, setting the stage for a potential breakout.