Tron price forecast: will the $1.4 billion in profit taking dent the TRX bull run?

A Hand Holding Smartphone WIth Tron Token SymbolThe Tron (TRX) blockchain has found itself at the center of attention due to a historic wave of profit-taking that has emerged in the past few days.

While many top cryptocurrencies have struggled to maintain momentum, TRX has held steady at around $0.33, even as over $1.4 billion in profits were realized in just a single 24-hour window.

This dramatic wave of selling has triggered fresh debate in the market. Is this the beginning of a slowdown, or merely a healthy reset during a broader uptrend?

###2020 whales are quietly cashing out Tron (TRX)

According to on-chain analytics firm Glassnode, the latest surge in realized profit is largely being driven by long-term Tron (TRX) holders.

Specifically, wallets that accumulated TRX between three to five years ago, during the 2020–2021 bull cycle, are now starting to exit their positions.

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What stands out: the majority of profit is coming from wallets holding $TRX for 3–5 years.

This suggests participants from the 2020–2021 cycle are exiting into strength – a notable shift in behavior that could influence short-term market dynamics.

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7:35 PM · Aug 5, 2025

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These early investors are not panic selling. Instead, they are strategically locking in gains while the market remains favorable.

Over several consecutive days, daily realized profits have hovered near the $1 billion mark.

On August 5, realized profits peaked at $1.4 billion, marking the second-largest single-day profit event for Tron in 2025.

Despite this immense selling activity, the Tron (TRX) market has remained relatively stable. The token continues to trade near the $0.33 mark, showcasing resilience even as billions of dollars have changed hands.

###Market absorbing selling without price breakdown

Unlike typical sell-offs where losses spike and prices crash, Tron’s current situation appears more calculated and less chaotic.

Glassnode’s data confirms that realized losses remain minimal, just $31,600 in the same 24-hour period when $1.4 billion in profits were booked.

This indicates that sellers are comfortably in profit, and the market is absorbing the liquidity without major price disruption.

At the same time, TRX futures open interest has increased from 1.49 billion TRX to 1.56 billion TRX since August 1.

This shows that derivatives traders are holding onto their positions and remain confident in the asset’s short-term trajectory.

The Spent Output Profit Ratio (SOPR), which remains above 1, further confirms that investors are selling into strength rather than weakness.

###Tron network fundamentals remain strong

Beyond trading activity, the Tron ecosystem continues to show signs of robust utility and growing adoption.

According to a recent report from on-chain analytics firm CryptoQuant, TRON now handles over 60% of all global Tether (USDT) transactions, having recently surpassed Ethereum by more than fivefold in this metric.

As of this week, over $81 billion in USDT is circulating on the Tron network, up more than $20 billion since January.

This growing role in the stablecoin movement reinforces TRON’s reputation as a fast, low-cost network favored by institutions and emerging markets.

Meanwhile, corporate adoption is also underway.

SRM Entertainment recently integrated Tron (TRX) into its treasury strategy and even rebranded itself as Tron Inc., a move that signals confidence in the blockchain’s long-term prospects.

###Technical indicators suggest bullish trend continuation if key levels hold

From a technical standpoint, TRX must maintain support above $0.3189 to sustain its bullish structure.

A decisive close above the current resistance at $0.3341 could pave the way for a rally toward $0.3505, which also happens to be the year-to-date high.

Should momentum continue, the next major resistance lies at $0.4392.

On the flip side, a breakdown below $0.3189 could send Tron (TRX) prices toward the next support at $0.3090, potentially dampening short-term sentiment.

For now, the indicators remain favorable. Both the Relative Strength Index (RSI) and the Stochastic Oscillator are positioned above neutral, suggesting continued bullish momentum.

The post Tron price forecast: will the $1.4 billion in profit taking dent the TRX bull run? appeared first on Invezz

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