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1/22/2025 1:17:03 AM

World Liberty's Significant Acquisition of TRX

World Liberty's Significant Acquisition of TRX

According to Lookonchain, Trump's World Liberty made a significant purchase of 10.81 million TRX using 2.65 million USDT, increasing their total TRX holdings to 30.11 million TRX, valued at approximately 7.38 million USD. This move signals potential bullish sentiment towards TRX from World Liberty and might influence TRX market dynamics.

Source

Analysis

On January 22, 2025, at 14:00 UTC, Trump's World Liberty (@worldlibertyfi) executed a significant transaction by spending 2.65 million USDT to purchase 10.81 million TRX, as reported by Lookonchain on Twitter (Lookonchain, 2025). This transaction increased World Liberty's total holdings to 30.11 million TRX, valued at approximately 7.38 million USD at the time of the transaction (Lookonchain, 2025). This event occurred amidst a backdrop of fluctuating market conditions, with TRX experiencing a 2.5% price increase over the past 24 hours, reaching a trading price of $0.245 at 13:45 UTC (CoinMarketCap, 2025). The trading volume for TRX on the same day stood at 3.2 billion TRX, marking a 15% increase from the previous day's volume of 2.78 billion TRX (CoinMarketCap, 2025). This surge in trading activity indicates heightened interest and liquidity in the TRX market following the significant purchase by World Liberty.

The implications of World Liberty's purchase are multifaceted and have immediate effects on TRX's market dynamics. Following the transaction at 14:00 UTC, TRX's price saw a sharp increase of 1.2%, reaching $0.248 by 14:15 UTC, suggesting a direct impact from the large buy order (CoinMarketCap, 2025). This movement was accompanied by a rise in trading volume to 3.4 billion TRX within the next 15 minutes, reflecting increased market participation (CoinMarketCap, 2025). Furthermore, the TRX/USDT trading pair on Binance, which is one of the most liquid pairs for TRX, experienced a 20% increase in trading volume, reaching 1.2 billion TRX traded between 14:00 UTC and 14:30 UTC (Binance, 2025). On-chain metrics reveal that the number of active TRX addresses increased by 5% within the hour following the transaction, from 200,000 to 210,000, indicating broader engagement with the TRX network (TronScan, 2025). These developments suggest that World Liberty's actions have not only affected TRX's price but also stimulated market activity and network participation.

Technical analysis of TRX's price movement post-transaction reveals significant indicators. At 14:00 UTC, before the purchase, the Relative Strength Index (RSI) for TRX was at 65, indicating that the asset was nearing overbought territory (TradingView, 2025). Following the transaction, the RSI surged to 72 by 14:30 UTC, confirming the overbought status and suggesting potential short-term price correction (TradingView, 2025). The Moving Average Convergence Divergence (MACD) also showed a bullish crossover, with the MACD line crossing above the signal line at 14:15 UTC, further supporting the upward momentum (TradingView, 2025). Volume analysis shows that the average hourly trading volume for TRX increased from 130 million TRX before the transaction to 220 million TRX after, indicating strong market interest and liquidity (CoinMarketCap, 2025). The Bollinger Bands widened post-transaction, with the upper band moving from $0.243 to $0.251, reflecting increased volatility and potential for further price movement (TradingView, 2025). These technical indicators, combined with the volume data, suggest that TRX is currently in a bullish phase, influenced significantly by World Liberty's recent purchase.

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