TON contract holdings have risen to a high point since February 18, which may indicate a forthcoming pullback in price.

Gate News bot news, Glassnode stated on social media that in the past 24 hours, the open interest of TON perpetual futures contracts surged by 33%, rising from $143 million to $190 million, reaching the highest level since February 18. It is worth mentioning that even after the price pullback, the TON Holdings remain high, and similar rises in the past typically occurred before pullbacks.