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Glassnode: TON contract positions surge to highest level since February 18, may signal an imminent price correction

According to online reports, Glassnode posted on social media that in the past 24 hours, TON's perpetual contract holdings surged 33%, from US$143 million to US$190 million, the highest level since February 18. It is worth noting that even after the price correction, open positions remained high. Historical data shows that similar surges in open interest positions often signal price corrections and deserve close attention.

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