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Crypto ETFs Closure 21Shares Faces Outflow

Toncoin Jumps 20% Following Durov’s Departure from France

  • Pavel Durov, the founder of Telegram, has temporarily left France.
  • His departure is linked to serious allegations, though specifics are not detailed.
  • This news led to a 20% surge in Toncoin’s value.
  • Futures liquidations reached $2.75 million within an hour of the announcement.

The market reacted swiftly to Pavel Durov’s move from France, with Toncoin experiencing a notable 20% increase and futures liquidations totaling $2.75 million in just one hour, underscoring market sensitivity to developments involving key figures like Durov.

Source (2.6)https://hodl.press/21shares-shuts-down-two-crypto-etfs-amid-capital-outflow/?rand=24434
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