Key Metrics Indicate Toncoin Accumulation Continues Despite Price Struggle
After a steady decline, prices rose slightly over the past day, up 1.7% to $3.85. The sport is underway in an ongoing discussion about its long-term performance and accumulation trends.
according to analyze Through crypto analyst Shiven Moodley, there are signs that ton holders are positioning a potential rebound.
Moodley’s observations are detailed in a recent article on CryptoFumant’s QuickTake platform, suggesting that the asset may be entering a cumulative phase despite the recent decline trajectory.
Tons of coins show signs of accumulation
Mudley pointed out several indicators as evidence. The 180-day Sharpe ratio is a risk-adjusted return measure that marks the Accumulation period. Stable TVL (Total Value Lock) further supports this in the loan scheme, while speculative trading activity is significantly reduced.
It is worth noting that since the price increase in December 2024 and February 2025, asset volatility has declined. If this trend persists, it may mean Sales pressure is easedpotentially pave the way for a future rebound.
Key chain metrics also depict pictures of potential opportunities. The normalized risk metric (NRM) that evaluates the valuation of TON relative to the historical moving average focuses on the accumulation of price levels of $3.82.
Furthermore, record lows in long-term NRM indicate that at these levels, long-term holders are increasingly accumulating tons. Historically, similar settings have been ahead of market recovery, giving investors reason to believe that the medium-term price reversal may be coming.
Mudley wrote:
It remains to be seen whether the price action of tons can be fully restored. However, long-term accumulation traders are best suited to benefit from macro policy changes that may change sentiment in the wider crypto market. These conditions may align potential rebounds with sales pressure fading and risk indicators and indicate low-risk environments.
On-chain metrics suggest long-term opportunities
Another metric Musli Point out The exposure ratio (tracking the leverage position in the Defi ecosystem) has recently reached new heights, reaching 0.24 in early 2025. This indicates the growing impact of leverage activity.
However, if the ratio starts to decline, it may indicate stability under market conditions, which may lead to more stable prices.
Furthermore, the likelihood of spending measures suggests that the probability of coin age exceeding 400 days is unlikely to move, indicating strong belief Among long-term holders. This trend has been historically related to the accumulation and recovery phases.
As Moodley points out, short- to medium-term holders appear to be exiting their positions, which may have led to recent price weakness. At the same time, long-term holders remain consistent, which shows Believe in the long-term potential of assets.
If sales pressure continues to ease and improve risk indicators, then TON may lay the foundation for a more favorable market environment. In this case, long-term investors may benefit from potential macroeconomic shifts, which may benefit from Finally increase the value of ton of coins.
Feature images created with DALL-E, TradingView’s chart
