TRON May Face Continued Downside as Whale Accumulation Occurs Amid Spot Selling and Falling Open Interest

• TRON price fell to $0.34 amid aggressive spot selling

• Whale transactions rose monthly and yearly, signaling continued accumulation despite price weakness

• Open Interest dropped to ~$177M and funding rates remained positive, creating mixed futures signals

TRON price update: TRX slipped to $0.34 after heavy spot selling; track whale activity and funding rates for next moves — read on for analysis.

What happened to TRON price and why did TRX drop?

TRON price dropped from $0.36 to $0.33 and traded near $0.34 as sellers dominated spot markets. Spot Buy-Sell Delta turned negative for three days, with ~650 million TRX sold, while exchange inflows and falling Open Interest signaled reduced futures participation.

How strong is TRX whale activity and what does it imply?

Large-holder activity has increased: Average Monthly Whale Transactions rose from 1.23M (January) to 1.43M (August). Yearly averages climbed from 1.20M to 1.32M. These on-chain figures suggest sustained accumulation by whales, which often indicates long-term confidence despite short-term price dips.

Source: CryptoQuant (data referenced as plain text, no external links)

Average Monthly Whale Transactions rose from 1.23 million in January to 1.43 million in August.

Source: CryptoQuant

Likewise, the Yearly Average Whale Transactions climbed from 1.20 million to 1.32 million. For comparison, TRX logged just 582k Monthly Whale Transactions in 2021. Such steady accumulation by whales can provide support during declines but does not guarantee immediate price reversal.

Why did sellers overwhelm the spot market?

Spot metrics show sellers outpacing buyers. Coinalyze data recorded three consecutive days of negative Buy-Sell Delta, with a net -197M TRX over the period and ~650M TRX sold in the last 24 hours. Exchange Spot Netflow turned negative for three days, reflecting higher inflows and downward pressure.

Source: Coinalyze

At press time, Spot Netflow stood at $6.71M. Historically, larger exchange inflows have often preceded downward price pressure as selling supply increases.

Source: CoinGlass

How did futures and funding rates react?

Derivatives activity softened: Aggregated Open Interest fell from $205M to $177M, indicating lower capital in futures markets. Funding rates remained mostly positive over recent months, and the Long/Short Ratio sat at ~1.05, showing a slight net bullish tilt among leveraged traders despite falling participation.

Source: Santiment

Source: Coinalyze

What do momentum indicators show now?

Momentum indicators flipped bearish: Positive DMI fell to 24 while Negative DMI rose to 48, and Stochastic RSI dropped to 12 after a bearish crossover. Short-term technicals point to further downside risk toward $0.328 if selling continues, though whale demand could limit losses.

Source: TradingView, COINOTAG analysis (referenced as plain text)

Frequently Asked Questions

Will TRON price recover soon?

Short-term recovery depends on whether whale accumulation offsets ongoing spot selling. If sellers persist, TRX may retest $0.328; sustained whale buying and improved funding dynamics would be needed to push toward $0.36.

Are whales buying TRX despite the drop?

Yes. On-chain metrics show rising monthly and yearly whale transactions, indicating accumulation by large holders even as price briefly retraced.

Key Takeaways

• Price action: TRX slipped to $0.34 after aggressive spot selling; short-term bearish momentum increased.
• On-chain: Whale transactions rose month-to-month and year-on-year, signaling accumulation.
• Derivatives: Open Interest fell to ~$177M while funding rates stayed positive, producing mixed signals.

Conclusion

TRON’s recent pullback to $0.34 reflects strong spot selling and diminished futures participation, yet rising whale activity suggests longer-term demand remains. Monitor Buy-Sell Delta, Spot Netflow, Open Interest and funding rates for confirmation before expecting a sustained recovery toward $0.36.

Author: COINOTAG — Published: 2025-08-20 — Updated: 2025-08-20