Toncoin open interest soars 67% after Pavel Durov departs France

Toncoin's open interest spiked after reports emerged that Telegram founder Pavel Durov left France, after staying there for months following his arrest.

Toncoin Open Interest (OI) has jumped 67% over the past 24 hours following Telegram founder Pavel Durov’s reported departure from France, where he had been required to stay since his arrest six 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.

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