TRON (TRX) Sees 95% Transaction Surge, Whale Accumulation Drives 714.54% Inflow Increase
1min read TRON (TRX) has been experiencing a surge in on-chain activity and whale accumulation, indicating a potential breakout opportunity. Daily transactions have increased by 95%, while whales have been actively accumulating the asset. This accumulation is reflected in a 714.54% increase in large holder inflows over the past thirty days, with outflows declining by 26.32% in the last week. This divergence suggests that major investors are accumulating rather than exiting, with inflows frequently spiking above 1 billion TRX even during minor price retracements.
According to on-chain data, 86.99% of TRX holders are currently in profit at the price of $0.2715, while only 9.94% are underwater. This distribution indicates a strong holder base with reduced incentive to sell at current levels. Additionally, only 3.07% of addresses are at breakeven, meaning most participants have some cushion to withstand volatility. This setup reduces the risk of mass profit-taking, especially during mild corrections.
Technically, TRX is consolidating within a pennant flag structure, with the price compressing between $0.2673 support and $0.2752 resistance. This setup follows a sharp rally and typically signals continuation upon breakout. The price has already bounced off the lower boundary, indicating bullish interest at support. At the time of writing, TRX was trading near $0.2715, maintaining a tight range. A decisive move above $0.2752 could trigger further upside momentum, especially if accompanied by volume. Conversely, failure to hold above $0.2673 may delay the breakout and invite short-term retracement.
TRX’s weighted sentiment has soared to 2.30, marking its highest level in weeks. This spike represents a sharp increase in positive commentary across social platforms, suggesting growing optimism among retail and institutional traders. Sentiment had been volatile throughout March and April, but now appears to lean decisively bullish. If this positive tone sustains, it could fuel speculative demand and support a technical breakout.
TRX’s liquidation data reveals mild but notable short-side pressure. On the 21st of May, short liquidations totaled $11.1K versus $4.65K in longs, hinting at failed bearish positions as the price tested upper range levels. While these numbers remain relatively modest compared to past spikes, the imbalance still underscores a tilt toward bullish momentum. If TRX breaks above $0.2752, further short squeezes could accelerate the upside move.
TRON’s bullish fundamentals, including explosive on-chain activity, whale accumulation, overwhelmingly profitable holders, and heightened sentiment, paint a compelling picture. Combined with a bullish pennant structure and mild short liquidation signals, TRX appears poised for a potential breakout. However, the price must clear the $0.2752 resistance to validate this move. Until then, consolidation may continue, but all signs point to growing momentum favoring bulls.
