TRON’s 714% Whale Surge: Is TRX Set to Break $0.2752?

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Tron: How a 714% whale inflow surge may push <a href="https://jpyxx.com/trx-usd/">TRX</a> past $0.2752

  • Daily transactions surged by 95% as whales accumulate, and most holders stay in profit.
  • Bullish sentiment spiked while short liquidations rose near key breakout resistance.

TRON (TRX) has seen a substantial surge in on-chain actions, as its average daily transactions over the past 30 days skyrocketed from around 4.3 million to 8.4 million – a whopping 95% rise.

This increase indicates a higher frequency of activity, including the use of decentralized apps and stablecoin transfers, within the system.

The rise occurs as there’s growing interest across the market in scalable and affordable blockchain platforms. At present, Tron (TRX) is being traded at $0.2715, experiencing a decrease of 0.47% over the past 24 hours.

Although there’s a small decline, the persistent increase in network speed on TRON could suggest that it is gaining more significance and value during the ongoing cryptocurrency trend.

Whales are buying, and holders are winning

As a researcher studying this particular asset, I’ve observed an encouraging trend in its behavior over the past month. Notably, there has been a significant surge of 714.54% in large holder inflows compared to the previous thirty days. Conversely, outflows have decreased by 26.32% within the last week, which seems to be easing the pressure on distribution from the asset.

This divergence suggests that major investors are accumulating rather than exiting.

Significantly, we’ve often seen inflows exceeding 1 billion TRX, indicating a sustained level of whale engagement, even during temporary drops in price.

As a TRX investor, I find it encouraging to see that nearly 87% of us are currently profiting at the current price point of $0.2715. Conversely, only about 9.94% of us find ourselves in a less advantageous position. This distribution suggests a robust and committed holder base, which means there may be reduced incentive for mass sell-offs at these levels.

As a researcher examining this data, I’ve found that just over 3% of the addresses we’re looking at are at breakeven. This implies that the majority of participants in our study have some degree of financial buffer, allowing them to handle market fluctuations more easily.

As a result, this arrangement lessens the chances of widespread selling off, particularly during minor adjustments or corrections.

Tron forms a bullish pennant flag pattern 

Currently, the price of TRX is moving sideways within a “pennant” pattern, which means it’s being held up by support at around $0.2673 and pushed back by resistance at approximately $0.2752. After a strong upward trend, this structure often indicates that the price will continue to rise once it breaks out of these levels.

The cost has previously moved away from its lowest point, suggesting strong buyer demand around that level. Currently, TRX is being traded close to $0.2715, with prices moving in a relatively narrow band.

Consequently, breaking above the $0.2752 mark might fuel additional upward movement, more so when it’s supported by increased trading volume.

Conversely, failure to hold above $0.2673 may delay the breakout and invite short-term retracement.

Bullish sentiment and short squeezes: Is TRX pressure building for a breakout?

As a researcher, I’m observing an impressive surge in the weighted sentiment of TRX, reaching 2.30 at present – the highest it’s been in weeks. This sudden rise indicates a significant uptick in positive discussions about TRX across various social media platforms, hinting at a growing sense of optimism among both retail and institutional traders.

Remarkably, there’s been a lot of fluctuation in sentiment during March and April, but it currently seems to be strongly optimistic or “bullish.

If the optimistic mood persists, it might stimulate speculative interest and potentially trigger a breakthrough based on technical analysis.

TRX’s liquidation data suggests a modest but significant buildup of short positions. On the 21st of May, short liquidations amounted to $11,100 compared to $4,650 in long positions, indicating that bearish bets were not successful as the price approached upper range levels.

Even though these figures are smaller than previous surges, they nonetheless highlight a bias towards bullish energy. If TRX manages to surpass $0.2752, it might trigger more short squeezes, intensifying the upward trend.

Can TRX extend its rally beyond the pennant breakout?

TRON’s optimistic underlying factors, including significant network activity, increased whale investments, a high percentage of profitable investors, and enhanced overall sentiment, create an attractive image.

With a bullish pennant formation and hints of modest short position unwinding, Tron (TRX) seems ready for a possible price surge.

Yet, for this upward trend to be validated, the cost needs to surpass the $0.2752 barrier. If it doesn’t, we might see more consolidation. However, there are indications of increasing bullish momentum, so keep an eye on it.

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2025-05-21 19:31