Saad Ullah
Something pretty wild happened with Tron (TRX) yesterday that's got everyone talking. While the broader crypto market was getting absolutely crushed with over $343 million in liquidations, TRX whales decided it was party time, cranking up their activity by a mind-blowing 973%. It's like watching someone throw a celebration while the building's on fire.
Tron (TRX) Whales Go Absolutely Mental
Here's where things get crazy. The big money moves in TRX - we're talking transactions over $100K - went from normal to absolutely bonkers in just 24 hours. We're looking at a roughly 10x increase that pushed large transaction volume to $598.96 million. That's not a typo - a 973.2% jump that had analysts doing double-takes on their screens.
What makes this even more interesting is the timing. While everyone else was panic-selling and taking profits after Monday's rally, these TRX whales were doubling down. The market flipped script during Tuesday's early session, with most cryptos bleeding red thanks to profit-taking and the usual macro jitters that spook traders.
TRX Laughs at Market Chaos
Here's the kicker - while everything else was tanking, TRX just shrugged it off. The token actually managed to climb 0.52% to $0.2794 in the last 24 hours. That's like being the only person at a party who's having a good time while everyone else is complaining about the music.
This resilience is pretty remarkable when you consider that $343 million worth of positions got liquidated across the crypto space. Most major coins were getting beaten up, but TRX held its ground and even managed to post gains. That tells you there's some serious conviction behind these whale moves.
Tron (TRX) Secret Weapon: Stablecoin Dominance
Want to know why whales are so bullish on TRX? Look at the numbers. CryptoQuant dropped some stats showing that 59% of May's USDT volume on Tron came from million-dollar-plus transactions. That's not small change - that's institutional-level money flowing through the network.
The trend's been heating up in 2025 too, with 17 separate billion-dollar USDT mints happening on TRON's TRC-20 network. Here's the real kicker though - Tron handles more than half of all USDT transactions globally and about 30% of all stablecoin activity worldwide. When you're that critical to the crypto plumbing, whales pay attention.
TRX (Tron) Technical Picture Looking Spicy
From a price perspective, TRX has been on a tear. The token rocketed from $0.27 to $0.295 during Monday's session and kept climbing, hitting $0.2777 in today's trading. That's a solid bounce from the June 13 low of $0.267 and has traders eyeing the charts.
The technical setup looks pretty interesting too. TRX has been stuck in a range since December 2024, but if it manages to break out, analysts are eyeing $0.45 as the target. With all this whale activity and institutional interest building up, that breakout might not be as far-fetched as it sounds.
The bottom line? While everyone else was having a rough day, TRX whales saw an opportunity and went all-in. With the network's dominance in stablecoin infrastructure and these new institutional plays, it's starting to look like they might know something the rest of the market doesn't.
Saad Ullah
