Tron (TRX) Price: Whale Accumulation Increases 10.17% Over Past Month

TLDR

Tron (TRX) gained 3.9% in 24 hours to reach $0.294, still 31.8% below December 2024 all-time high of $0.43 Tether minted $1 billion USDT on Tron blockchain on June 9, 2025, the largest single issuance for the month Lending protocol total value locked (TVL) dropped by nearly $2 billion, contrasting with rising TRX price Whale wallets increased holdings by 10.17% while mid-tier investors added 41.19% over past 30 days TRX trading near upper resistance at $0.29 with 92.39% of holders currently in profit

---

Tron has experienced upward price movement in recent trading sessions, with TRX climbing approximately 3.9% in the past 24 hours. The cryptocurrency reached a trading value of $0.294 during this period.

Tron (TRX) Price

Despite these recent gains, TRX remains well below its all-time high of $0.43 set in December 2024. The current price represents roughly a 31.8% decrease from that peak level.

The price movement coincides with increased stablecoin activity on the Tron network. Tether’s USDT token has seen substantial minting events that signal growing liquidity within the ecosystem.

On June 9, 2025, Tether Treasury issued 1 billion new USDT tokens on the Tron blockchain. This represents the largest single issuance of USDT on Tron for the current month.

The minting event likely stems from two primary factors. First, it points toward elevated market demand for stablecoins within Tron’s ecosystem, which is known for low transaction fees and high-speed transfers.

Second, the minting could signal institutional activity or preparations for substantial over-the-counter crypto trades. Historical patterns show such minting events often precede increased trading activity.

Network Activity Shows Mixed Signals

Tron’s gas usage ratio has steadily increased since late 2024, indicating higher network activity. This surge in utility has closely mirrored TRX’s price recovery during the same period.

The correlation between on-chain engagement and investor sentiment appears strong. Historically, periods of rising gas efficiency have often coincided with bullish price trends.

However, lending protocols on Tron present a contrasting picture. The total value locked in lending protocols has dropped by nearly $2 billion recently.

This decline pushes the 14-day delta deeply into negative territory. The drop is particularly striking given TRX’s upward price movement during the same timeframe.

The divergence between rising prices and declining lending TVL has historical precedent. Previous instances in early 2024 showed similar patterns where reduced TVL correlated with upward TRX price movements.

Source: CryptoQuant

Whale Activity Suggests Institutional Interest

On-chain distribution data reveals interesting patterns among different investor categories. Whale wallets have increased their holdings by 10.17% over the past 30 days.

Mid-tier investors show even stronger accumulation, adding 41.19% to their positions during the same period. Retail holders showed only marginal growth by comparison.

This trend suggests sophisticated players may be positioning themselves ahead of potential price movements. Rallies sustained by institutional accumulation historically tend to be more durable.

Source: CryptoQuant

Despite positive whale activity, the 90-day cumulative taker volume delta shows a skew toward sell orders. Market sells have been outpacing aggressive buys at current levels.

Technical Analysis Points to Key Resistance

TRX has spent months consolidating between $0.25 and $0.29, creating a tight horizontal trading range. The price is currently testing the upper band of this zone.

Source: TradingView

The RSI indicator is nearing 65, suggesting momentum without reaching overbought conditions. A clean breakout above $0.29 could trigger renewed upside movement.

At current levels, 92.39% of TRX holders are in profit. Such elevated levels of realized gains can support confidence but may also encourage short-term profit-taking.

When nearly all participants are in profit, upside momentum often slows as sell pressure builds near key resistance zones. Volume confirmation will be crucial for any breakout attempt.

The post Tron (TRX) Price: Whale Accumulation Increases 10.17% Over Past Month appeared first on CoinCentral.