币界网报道:A mysterious crypto wallet has accumulated 863 million Toncoin (TON), worth approximately $1.5 billion, making it the second-largest TON holder after the TON Foundation's wallet. The wallet, identified as "EQ...yj5," began receiving large TON transfers from anonymous addresses in late April, with the most recent deposit of 41 million TON ($72 million) occurring on June 24. Blockchain analysts note the wallet's activity coincides with periods of market volatility, though its purpose remains unclear. The TON blockchain, originally developed by Telegram, has seen growing adoption, with its market cap recently surpassing $18 billion. Some speculate the wallet could belong to an institutional investor or a staking pool operator, while others suggest it may be linked to Telegram's ecosystem development. The accumulation represents about 20% of TON's circulating supply, raising questions about potential market impact if the holder decides to sell. TON's price has remained relatively stable despite the large accumulation, trading around $1.74 at press time.