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.
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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.