Ethereum News Today: Tron TRX Profit-Taking Surpasses $1.4 Billion Amid Bull Market Exit

Tron (TRX) has seen one of the most significant profit-taking events of the year, with a 24-hour realized profit reaching $1.4 billion. The surge in selling activity was led by investors who have held TRX for three to five years—primarily those who accumulated the token during the 2020–2021 bull market. This group is now converting long-term gains into liquidity amid a period of market strength [2].

Glassnode, a leading market analytics firm, reported that the three-to-five-year holding cohort drove the profit-taking on August 5, marking the second-highest daily realized profit for TRX this year. The previous record of $2.2 billion was set on May 30. Notably, Tron’s realized profit outpaced that of both Bitcoin and Ethereum during the same period, with Bitcoin recording $665.1 million and Ethereum at $337.2 million [2]. The sustained selling pressure has persisted since Saturday, with approximately $1 billion in realized gains recorded daily—representing the most consistent profit-taking event on the Tron network in months [2].

Key market indicators confirm the trend of profit-taking. Tron’s Net Unrealized Profit & Loss (NUPL) metric remains in the Optimism/Anxiety range, while the Spent Output Profit Ratio (SOPR) is above one—both of which signal investors are selling at a premium. Meanwhile, the 24-hour realized loss for Tron is minimal at just $31,600, reinforcing the positive sentiment surrounding the asset [2].

Beyond price movements, the Tron network has experienced increased transaction activity. It has surpassed Ethereum in processing USDT transactions by more than five times, with over $81 billion in Tether USD (USDT) settled on the network as of the latest data. The USDT supply on Tron has grown by more than $20 billion since the beginning of the year, highlighting its growing appeal among institutional investors and users in emerging markets [2].

In a recent corporate move, SRM Entertainment adopted TRX as part of its treasury strategy and rebranded to Tron Inc., signaling a step toward greater institutional adoption. Additionally, TRX has been a dominant topic on social media in recent weeks, indicating continued interest among retail investors [2].

Source: [1] CryptoPotato - [https://cryptopotato.com/tron-trx-realized-profit-tops-1-4b-whos-cashing-out/](https://cryptopotato.com/tron-trx-realized-profit-tops-1-4b-whos-cashing-out/)

[2] TRON: Latest News, Social Media Updates and Insights - [https://cryptorank.io/news/tron](https://cryptorank.io/news/tron)