Toncoin open interest soars 67% as Pavel Durov departs France
Toncoin’s open interest spiked after reports emerged that Telegram founder Pavel Durov left France.
Toncoin Open Interest (OI) has jumped 67% over the past 24 hours amid reports of Telegram founder Pavel Durov’s departure from France, where he had been required to stay since his arrest seven months ago.
On March 15, Toncoin (TON) OI — a metric tracking the total number of unsettled Toncoin derivative contracts such as options and futures — reached $169 million, representing a 67% increase from the previous day when the reports of Durov’s departure first surfaced, according to CoinGlass data.
It is the highest level of OI in Toncoin since Feb. 1, when it was sitting at $171.49 million.
