TRON (TRX) experienced a rare event this week as long-term holders cashed out nearly $1.4 billion worth of profits in a single 24-hour period. Typically, such a massive sell-off would cause a significant price drop. However, TRX’s price remained stable, holding above the $0.33 support level.
According to data from Glassnode, the sell-off was driven by long-term holders who had held their tokens for 6 to 24 months. Despite this major wave of profit-taking, the market absorbed the selling pressure, suggesting a strong demand from buyers. This unusual resilience indicates significant underlying strength in the asset.
Analysts are now watching to see if TRX can maintain its position above $0.33 throughout the week. If it holds, this resilience could signal the start of another price rally. However, the next few trading sessions will be crucial to determine if this support is temporary or a sign of solid, long-term stability.
September 2025, Cryptoniteuae
