Institutional Confidence Lifts TRX as Whale Buys $5M Worth

A whale recently executed a significant purchase of TRX tokens, acquiring 13.73 million units for a total outlay of $5.02 million, as reported by Lookonchain. This transaction highlights continued institutional or high-net-worth investor interest in the TRON network. Notably, another trader, previously successful in TRX trading, also added to the sentiment by purchasing 1.414 million TRX with a $500,000 investment within a short time frame. These moves indicate a growing confidence in the token’s utility and potential valuation within the broader cryptocurrency ecosystem.

The TRON network has demonstrated resilience in the face of broader market volatility, with TRX’s price remaining relatively stable compared to other major cryptocurrencies. According to recent data, TRX traded above its 20-day moving average, a technical indicator often associated with bullish momentum. Additionally, the MACD histogram showed a weakening bearish signal, suggesting that downward pressure on the asset was diminishing. Analysts at BTCC, including financial expert William, have pointed to these technical developments as indicators of a potential short-to-medium term upward movement in the token’s value.

Beyond technical indicators, TRX has benefited from the growing adoption of the TRON network, particularly in cross-border stablecoin transactions. The network has secured a dominant position in Latin America, where USDT transfers are increasingly conducted on the TRON blockchain in countries like Brazil, Argentina, and Colombia. This expansion into South America has been mirrored in Asia, with East Asian hubs such as China Hong Kong and South Korea contributing significantly to TRON’s growing volume. The rise in transactional activity aligns with broader regulatory shifts in China, where authorities have shown signs of reconsidering their stance on stablecoins and may be contemplating the introduction of a yuan-backed stablecoin.

TRX’s open interest has also surged, reaching $638 million in the last 24 hours, according to Coinglass. This marks the highest level since April 2021 and reflects increased derivatives trading activity. While the uptick in open interest suggests heightened bullish sentiment, it also introduces the risk of potential liquidation events should market conditions shift abruptly. In the past 24 hours, TRX spot flows shifted from positive net inflows to a negative balance, signaling some investor caution. This could be interpreted as an early sign of profit-taking, especially after the token’s nine-week rally.

Looking ahead, the market outlook for TRX appears optimistic. Analysts predict a potential move toward the $0.40 target level if TRX can break through the $0.37 resistance. The RSI stands at 67.44, supporting a bullish stance, while key support is currently at $0.33. The structural advantages of TRX, particularly its role in facilitating stablecoin settlements, continue to insulate it from broader market volatility. Analysts view this organic demand as a key differentiator, which could further support price resilience and long-term adoption.

Source: [1] A whale spent $5.02 million to buy 13.73 million TRX (https://www.odaily.news/en/newsflash/444957) [2] TRX Price Prediction: Bullish Technicals and Market ... (https://www.btcc.com/en-US/square/TRX%20News/860692) [3] Tron Eyes Bigger Market Share In Asia After Securing ... (https://www.thecoinrepublic.com/2025/08/24/tron-eyes-bigger-market-share-in-asia-after-securing-dominance-in-latin-america/)