Toncoin open interest surges 67% after Pavel Durov departs France 📈
Toncoin Open Interest (OI) surged 67% following Telegram founder Pavel Durov's departure from France, where he had been due to a legal situation. This led to Toncoin's OI reaching $169 million, up from the previous day. The crypto's price increased by 17% during the same period.
Meanwhile, the market's response highlights the significance of Durov's case, as it raised concerns over privacy-focused services. Toncoin was previously impacted by Durov's 2024 arrest, which caused a similar surge in OI and a drop in its price.
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