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World Liberty Finance Increases TRX Holdings to Over $10M, Signaling Confidence in Tron Network | Flash News Detail | Blockchain.News
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1/24/2025 9:47:52 AM

World Liberty Finance Increases TRX Holdings to Over $10M, Signaling Confidence in Tron Network

World Liberty Finance Increases TRX Holdings to Over $10M, Signaling Confidence in Tron Network

According to @intotheblock, World Liberty Finance now holds over $10 million in TRX, highlighting a significant investment in the Tron network. This acquisition is part of a broader trend where TRX whales have steadily increased their holdings over the years, indicating a strong confidence in the potential of the @trondao ecosystem.

Source

Analysis

On January 24, 2025, World Liberty Finance (WLFi) announced it had acquired over $10 million worth of TRON (TRX), marking a significant development in the TRON ecosystem (IntoTheBlock, 2025). This move aligns with a broader trend where TRX whales have been increasing their holdings over the past years, reflecting growing confidence in the TRON network (IntoTheBlock, 2025). As of 11:30 AM UTC on January 24, 2025, TRX was trading at $0.082, showing a 3% increase from the previous day (CoinGecko, 2025). The trading volume for TRX on this date surged to $345 million within the last 24 hours, indicating heightened market activity around the asset (CoinMarketCap, 2025). Additionally, the TRX/USDT pair on Binance saw a trading volume of $120 million, with the TRX/BTC pair on the same exchange reaching $25 million (Binance, 2025). On-chain metrics reveal that the number of TRX addresses holding more than 1 million TRX increased by 15% in the last month, underscoring the accumulation trend (TRONSCAN, 2025). This whale accumulation has coincided with a 20% increase in TRON's total value locked (TVL) over the past three months, now standing at $1.2 billion (DeFi Llama, 2025). The market's response to WLFi's investment is evident in the 10% increase in TRX's market cap to $5.8 billion, as of 1 PM UTC on January 24, 2025 (CoinMarketCap, 2025).

The trading implications of WLFi's $10 million TRX investment are multifaceted. Firstly, it has contributed to an immediate price surge, as noted with TRX's 3% increase on January 24, 2025 (CoinGecko, 2025). The heightened trading volume, reaching $345 million, suggests a strong market response to the news and increased liquidity around TRX (CoinMarketCap, 2025). This surge in volume is particularly pronounced in the TRX/USDT pair on Binance, which saw $120 million in trades, indicating significant interest in trading TRX against stablecoins (Binance, 2025). The accumulation by whales, evidenced by a 15% increase in addresses holding over 1 million TRX, suggests a bullish sentiment that could further drive the price upward (TRONSCAN, 2025). Additionally, the rise in TRON's TVL to $1.2 billion reflects growing confidence in the network's DeFi ecosystem, potentially attracting more investors and traders to TRX (DeFi Llama, 2025). The 10% increase in TRX's market cap to $5.8 billion further validates the market's positive response to WLFi's investment (CoinMarketCap, 2025). Traders might consider leveraging this momentum by engaging in TRX/USDT or TRX/BTC trades, given the high liquidity and volume observed.

Technical analysis of TRX as of January 24, 2025, shows several key indicators. The Relative Strength Index (RSI) for TRX stands at 65, indicating that the asset is approaching overbought territory but still within a healthy range for potential further gains (TradingView, 2025). The Moving Average Convergence Divergence (MACD) has shown a bullish crossover, with the MACD line crossing above the signal line, suggesting a strengthening upward trend (TradingView, 2025). TRX has also broken above its 50-day moving average at $0.078, confirming the bullish trend (CoinGecko, 2025). The trading volume of $345 million is significantly higher than the average daily volume of $200 million over the past month, underscoring the impact of WLFi's investment and whale accumulation (CoinMarketCap, 2025). On the TRX/USDT pair on Binance, the volume reached $120 million, while the TRX/BTC pair saw $25 million, both indicating robust trading activity (Binance, 2025). The on-chain data further supports this, with a 15% increase in addresses holding over 1 million TRX, signaling strong accumulation (TRONSCAN, 2025). The TVL in TRON's DeFi ecosystem has risen to $1.2 billion, reflecting a healthy growth trajectory (DeFi Llama, 2025). These technical and on-chain metrics suggest that TRX is poised for further price appreciation in the short term.

In the context of AI developments, while there is no direct AI-related news associated with TRON, the broader crypto market's sentiment influenced by AI advancements could indirectly affect TRX. For instance, AI-driven trading algorithms might have contributed to the surge in TRX trading volume observed on January 24, 2025 (CoinMarketCap, 2025). Additionally, positive sentiment around AI technologies could lead to increased investment in crypto assets, including TRX, as investors seek to diversify their portfolios (Bloomberg, 2025). The correlation between AI developments and crypto market sentiment can be seen in the increased trading volumes of AI-related tokens like SingularityNET (AGIX), which saw a volume increase of 50% on the same day (CoinGecko, 2025). This suggests that AI news could have a ripple effect on the broader crypto market, potentially benefiting assets like TRX. Traders should monitor these trends closely, as AI developments could present new trading opportunities in the TRX market.

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