In the cryptocurrency landscape, TON, as one of the emerging projects, garners significant market attention. The latest data reveals that only 9% of TON holders are enjoying profits at the current price levels, with 86% facing fluctuating losses on their asset values. This ratio highlights the volatility of the market and investment risks. Furthermore, the distribution of holding times is also illuminated, with only 5% of TON wallets holding cryptocurrency for more than a year. This indicates that most investors have shorter holding periods. In comparison, 62% of wallets hold TON for less than a year, and even more surprisingly, 33% of wallets hold TON for less than a month. These figures reflect the prevalence of short-term speculative behavior in the market, with fewer instances of long-term holding strategies.