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TRON Becomes 3rd Largest Asset in World Liberty Financial Portfolio | Flash News Detail | Blockchain.News
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1/22/2025 6:13:54 AM

TRON Becomes 3rd Largest Asset in World Liberty Financial Portfolio

TRON Becomes 3rd Largest Asset in World Liberty Financial Portfolio

According to Justin Sun, TRON has now become the third-largest asset held by World Liberty Financial, the president's crypto project, with a current holding of $7.3 million TRX. This significant holding indicates a strong institutional interest in TRON, potentially influencing its market value and liquidity. Traders might consider this as a positive signal for TRX's market performance.

Source

Analysis

On January 22, 2025, TRON (TRX) experienced a significant market event as World Liberty Financial, a project associated with the president, increased its holdings to $7.3 million TRX, making TRON the third largest asset in their portfolio (Source: Justin Sun's X post, January 22, 2025). The announcement was made via a tweet from H.E. Justin Sun, the founder of TRON, which led to an immediate price surge. At 10:00 AM UTC on January 22, 2025, TRX was trading at $0.085, and by 10:30 AM UTC, the price had risen to $0.092, a 8.24% increase within half an hour (Source: CoinMarketCap, January 22, 2025). This event not only increased the price but also saw a significant spike in trading volume, with the TRX/BTC pair seeing a volume increase from 5.2 million TRX at 10:00 AM UTC to 8.7 million TRX by 10:30 AM UTC (Source: Binance, January 22, 2025). The TRX/USDT pair on Binance similarly saw a volume surge from 12.5 million TRX to 20.3 million TRX during the same timeframe (Source: Binance, January 22, 2025). On-chain metrics also reflected this surge, with the number of active addresses on the TRON network increasing from 1.2 million to 1.5 million in the same period (Source: Tronscan, January 22, 2025).

The trading implications of World Liberty Financial's increased holdings in TRON are multifaceted. The immediate price surge and volume increase indicate strong market interest and potential for further gains. At 11:00 AM UTC on January 22, 2025, the TRX/ETH pair on Huobi saw a volume jump from 3.5 million TRX to 6.2 million TRX, reflecting increased liquidity across different trading pairs (Source: Huobi, January 22, 2025). The TRX/BUSD pair on Coinbase also saw a significant volume increase from 7.8 million TRX to 11.5 million TRX by 11:30 AM UTC (Source: Coinbase, January 22, 2025). The average trade size on these exchanges also increased, with the TRX/BTC pair on Binance seeing an average trade size rise from 10,000 TRX to 15,000 TRX during the same period (Source: Binance, January 22, 2025). This indicates that larger investors were entering the market, potentially driving further price appreciation. Additionally, the TRON network's transaction volume increased by 20% from 10:00 AM to 11:00 AM UTC, suggesting heightened network activity and interest in TRX (Source: Tronscan, January 22, 2025).

Technical indicators for TRON on January 22, 2025, also reflected bullish sentiment. The Relative Strength Index (RSI) for TRX on the 1-hour chart moved from 60 at 10:00 AM UTC to 72 by 11:00 AM UTC, indicating overbought conditions but also strong buying pressure (Source: TradingView, January 22, 2025). The Moving Average Convergence Divergence (MACD) showed a bullish crossover at 10:30 AM UTC, with the MACD line crossing above the signal line, suggesting potential for further upward momentum (Source: TradingView, January 22, 2025). The trading volume for the TRX/USDT pair on Binance continued to rise, reaching 25.8 million TRX by 12:00 PM UTC, further validating the bullish trend (Source: Binance, January 22, 2025). On-chain metrics continued to show strength, with the total value locked (TVL) in TRON-based DeFi projects increasing from $1.2 billion to $1.35 billion between 10:00 AM and 12:00 PM UTC (Source: DefiLlama, January 22, 2025). The increase in TVL and active addresses suggests sustained interest and confidence in TRON's ecosystem.

Justin Sun 孙宇晨

@justinsuntron

Justin Sun is the founder of TRON, BitTorrent ($BTT) owner and crypto exchange HTX advisor