Kiln Executes Large-Scale TON Transfers to Elector Contract

RektButAlive · 2026-02-02T06:03:34+00:00

Arkham's data monitoring platform detected significant fund movements by Kiln, a leading staking service provider, involving a precise sequential transfer of 1,891,869 TON tokens within three minutes, indicating a coordinated asset movement strategy in the TON network.

RektButAlive

2026-02-02 06:03:34

Abstract generation in progress

The Arkham data monitoring platform recently detected significant fund movements involving Kiln, a leading staking service provider. This transfer activity indicates a structured transfer pattern over a very short period, reflecting a well-coordinated asset movement strategy within the TON network.

Sequential Transfer Activity in a Short Time Frame

According to ChainCatcher reports, a series of TON transfers were carried out sequentially between 10:52 and 10:55. Kiln moved a total of 1,891,869 TON tokens to the Elector Contract through four separate transactions, each executed with a one-minute interval. Each batch transferred the same amount, namely 1,891,869 TON, demonstrating high precision in execution.

Data Indicates Significant Movement in the TON Ecosystem

This scale of fund movement reflects substantial staking or validation management activity. Currently, TON is trading at $1.32, down 3.02% in the last 24 hours. With a market cap reaching $3.22 billion, Kiln’s movement represents an important contribution to the TON validation ecosystem and demonstrates ongoing commitment to the network infrastructure.

TON-1.21%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.