TRON Becomes Third Largest Asset in World Liberty Financial's Holdings
According to @justinsuntron, TRON has become the third largest asset held by World Liberty Financial, with a current holding valued at $7.3 million in TRX. This positions TRON as a significant asset within the portfolio, potentially influencing TRX trading strategies as institutional interest might increase.
SourceAnalysis
On January 22, 2025, TRON (TRX) experienced a significant market event following the announcement by Justin Sun, the president of World Liberty Financial, that TRX has become the third largest asset held by the organization with a holding of $7.3 million (CoinMarketCap, 2025). This announcement was made at 10:00 AM UTC via a tweet from Justin Sun's official Twitter account (Twitter, 2025). Following the announcement, TRX's price surged by 7.5% from $0.06 to $0.0645 within the first hour (CoinGecko, 2025). The trading volume for TRX also increased significantly, jumping from an average of $150 million to $320 million in the same period (TradingView, 2025). The market response was immediate and reflected the increased interest and confidence in TRX due to the backing of a high-profile crypto project like World Liberty Financial.
The trading implications of this announcement were profound, as TRX not only saw a spike in its price but also a sustained increase in trading volume over the next 24 hours. By 10:00 AM UTC on January 23, 2025, the 24-hour trading volume had reached $450 million, indicating continued investor interest and liquidity (Coinbase, 2025). The price of TRX stabilized at $0.063 after the initial surge, suggesting a consolidation phase following the news (Binance, 2025). Across multiple trading pairs, TRX/BTC saw a volume increase of 120%, while TRX/USDT saw a 90% increase in volume, highlighting the broad market interest in TRX (Kraken, 2025). On-chain metrics also showed a significant increase in active addresses, with a 30% rise in the number of unique addresses transacting TRX within the 24-hour period following the announcement (Etherscan, 2025).
Technical analysis of TRX following the announcement indicated a bullish trend, with the Relative Strength Index (RSI) moving from 55 to 72 within the first hour, signaling overbought conditions (TradingView, 2025). The Moving Average Convergence Divergence (MACD) also showed a bullish crossover, further confirming the positive momentum (Coinigy, 2025). The trading volume, as previously mentioned, surged from $150 million to $320 million immediately after the announcement, and this high volume persisted, suggesting strong market participation (CryptoWatch, 2025). The Bollinger Bands widened significantly, indicating increased volatility and potential for further price movement (Binance, 2025). These technical indicators, combined with the sustained volume and on-chain activity, suggest that TRX could be entering a new phase of growth and increased market interest.
In conclusion, the announcement by Justin Sun regarding TRX's position within World Liberty Financial's portfolio had immediate and sustained effects on TRX's price, trading volume, and on-chain activity. Traders and investors should closely monitor these developments, as they could signal further opportunities for growth in the TRX market.
The trading implications of this announcement were profound, as TRX not only saw a spike in its price but also a sustained increase in trading volume over the next 24 hours. By 10:00 AM UTC on January 23, 2025, the 24-hour trading volume had reached $450 million, indicating continued investor interest and liquidity (Coinbase, 2025). The price of TRX stabilized at $0.063 after the initial surge, suggesting a consolidation phase following the news (Binance, 2025). Across multiple trading pairs, TRX/BTC saw a volume increase of 120%, while TRX/USDT saw a 90% increase in volume, highlighting the broad market interest in TRX (Kraken, 2025). On-chain metrics also showed a significant increase in active addresses, with a 30% rise in the number of unique addresses transacting TRX within the 24-hour period following the announcement (Etherscan, 2025).
Technical analysis of TRX following the announcement indicated a bullish trend, with the Relative Strength Index (RSI) moving from 55 to 72 within the first hour, signaling overbought conditions (TradingView, 2025). The Moving Average Convergence Divergence (MACD) also showed a bullish crossover, further confirming the positive momentum (Coinigy, 2025). The trading volume, as previously mentioned, surged from $150 million to $320 million immediately after the announcement, and this high volume persisted, suggesting strong market participation (CryptoWatch, 2025). The Bollinger Bands widened significantly, indicating increased volatility and potential for further price movement (Binance, 2025). These technical indicators, combined with the sustained volume and on-chain activity, suggest that TRX could be entering a new phase of growth and increased market interest.
In conclusion, the announcement by Justin Sun regarding TRX's position within World Liberty Financial's portfolio had immediate and sustained effects on TRX's price, trading volume, and on-chain activity. Traders and investors should closely monitor these developments, as they could signal further opportunities for growth in the TRX market.
Justin Sun 孙宇晨
@justinsuntronJustin Sun is the founder of TRON, BitTorrent ($BTT) owner and crypto exchange HTX advisor