TRON (TRX) defied gravity after whales cashed out $1.4 billion in profits within 24 hours, yet the price refuses to budge below $0.33 support.
TRON (TRX) Price Absorbs Massive Selling Pressure
Something weird happened with TRON yesterday. According to Glassnode data, $1.4 billion worth of TRX profits got realized in just one day - one of the biggest cash-out events this year.
But here's the kicker: TRX is still trading above $0.33. That's not normal. Most tokens would've tanked under that kind of selling pressure, but TRON's holding strong like it's got serious backing.
Long-Term Holders Finally Cash Out on TRON (TRX)
The selling isn't coming from panicked retail traders. These are long-term holders who've been sitting on TRX for 6-12 months and 1-2 years. When the patient money starts moving, it usually means something big is happening.
Historically, this kind of profit-taking triggers corrections. But TRX is playing by different rules - there's enough buying interest to absorb this massive supply dump without breaking.
What's Next for TRON (TRX) Price?
If TRX holds above $0.33 over the next few days, we could see the next leg up. When a token shrugs off $1.4B in selling and maintains its uptrend, it often sets up for bigger moves.
But let's be real - this much profit-taking doesn't happen randomly. The next week will show if this resilience is genuine or just temporary strength before a bigger drop.
Trang này có thể chứa nội dung của bên thứ ba, được cung cấp chỉ nhằm mục đích thông tin (không phải là tuyên bố/bảo đảm) và không được coi là sự chứng thực cho quan điểm của Gate hoặc là lời khuyên về tài chính hoặc chuyên môn. Xem Tuyên bố từ chối trách nhiệm để biết chi tiết.
TRON (TRX) Price Shrugs Off $1.4B Whale Dump - What's Fueling This Resilience?
TRON (TRX) defied gravity after whales cashed out $1.4 billion in profits within 24 hours, yet the price refuses to budge below $0.33 support.
TRON (TRX) Price Absorbs Massive Selling Pressure
Something weird happened with TRON yesterday. According to Glassnode data, $1.4 billion worth of TRX profits got realized in just one day - one of the biggest cash-out events this year.
But here's the kicker: TRX is still trading above $0.33. That's not normal. Most tokens would've tanked under that kind of selling pressure, but TRON's holding strong like it's got serious backing.
Long-Term Holders Finally Cash Out on TRON (TRX)
The selling isn't coming from panicked retail traders. These are long-term holders who've been sitting on TRX for 6-12 months and 1-2 years. When the patient money starts moving, it usually means something big is happening.
Historically, this kind of profit-taking triggers corrections. But TRX is playing by different rules - there's enough buying interest to absorb this massive supply dump without breaking.
What's Next for TRON (TRX) Price?
If TRX holds above $0.33 over the next few days, we could see the next leg up. When a token shrugs off $1.4B in selling and maintains its uptrend, it often sets up for bigger moves.
But let's be real - this much profit-taking doesn't happen randomly. The next week will show if this resilience is genuine or just temporary strength before a bigger drop.