TRON (TRX) Defies Profit-Taking Pressure: Stability at $0.33 Signals Strong Market Confidence

Despite a massive $1.4 billion profit-taking wave, TRON (TRX) has demonstrated remarkable resilience by holding steady at $0.33. This stability comes as long-term holders lead the sell-off, marking the altcoin's second-largest realized profit day in 2025. Glassnode data highlights sustained profit-taking above $1 billion daily since Saturday, underscoring TRON's ability to weather significant market pressures. The Spent Out metrics further reveal the depth of this realization event, positioning TRON as a standout performer in the current crypto landscape.

TRON Price Holds Steady at $0.33 Despite $1.4 Billion Profit-Taking Wave

TRON (TRX) defied market expectations as it maintained stability at $0.33 despite a massive $1.4 billion profit-taking event on Tuesday. The altcoin recorded its second-largest realized profit day of 2025, with long-term holders leading the sell-off.

Glassnode data reveals sustained profit-taking above $1 billion daily since Saturday, marking TRON's most prolonged realization event in months. Notably, the Spent Output Profit Ratio (SOPR) remained above 1, confirming investors were locking in substantial gains from positions held for 3-5 years.

Futures markets showed surprising resilience, with open interest climbing steadily despite the sell pressure. The $0.33 level now emerges as critical resistance, with TRX attempting to flip it into support amid heavy profit-taking activity.

Trump's Executive Order May Protect Crypto from Bank Discrimination

US President Donald Trump is preparing an executive order that could shield cryptocurrency firms from alleged banking discrimination. The order, expected within days, would direct regulators to investigate potential violations of fair lending laws by banks that cut off services based on political views or involvement in crypto.

The MOVE comes amid longstanding industry complaints about 'Operation Chokepoint 2.0' - a perceived Biden-era initiative that saw accounts abruptly closed without explanation. High-profile cases include Coinbase CEO Brian Armstrong's 2023 revelation about JPMorgan Chase's crypto account threats, and Elon Musk's 2024 claim of 30 tech entrepreneurs losing banking access.

Banks maintain their actions comply with anti-money laundering regulations and represent prudent risk management. However, the TRUMP administration appears poised to challenge the 'reputational risk' justification often cited for denying services to crypto-related businesses.

Tron Network Sees $1.4 Billion Profit-Taking Spree, Glassnode Identifies Key Sellers

Tron (TRX) investors have cashed in $1.4 billion in profits over the past 24 hours, marking the network's second-largest profit-taking event of 2025. On-chain analytics firm Glassnode traced the sell-off to a specific cohort of TRX holders, though the exact demographic remains undisclosed.

The realized profit metric, which tracks gains locked in by selling coins at higher prices than their acquisition cost, spiked dramatically. Notably, realized losses remained negligible, suggesting disciplined profit-taking rather than panic selling. This mirrors a broader trend of strategic capital rotation across crypto markets.

TRX's on-chain activity shows sophisticated investors are rebalancing portfolios after the asset's recent rally. The profit-taking wave comes as altcoins face increased volatility amid shifting liquidity conditions across major exchanges including Binance and Bybit.