Tron may not have made major headlines in recent weeks, but under the surface, it’s experiencing its most intense profit-taking stretch in months.
On-chain analytics firm Glassnode has revealed that TRX holders have been booking billions in gains over the past few days, with realized profits peaking at $1.4 billion in just one 24-hour window—second only to the largest daily total in 2025 so far.
What’s more surprising is how consistent the trend has been: for several consecutive days, daily profits realized on-chain have remained close to the $1 billion mark.
The Selling Pressure Is Coming From the 2020–2021 Crowd
Digging deeper, it’s not new investors driving this activity. The majority of these profits are being realized by wallets that acquired TRX between three and five years ago, likely during the previous major cycle. According to Glassnode’s cohort data, this group has been dominating the recent transaction activity by a wide margin.
This behavior suggests a clear intention—early holders are choosing to exit while the market remains favorable. It’s a strategic move, not panic selling.
Not a Panic Sell-Off—Yet
Unlike typical selloffs where losses spike and prices tank, Tron’s current trend is marked by calm exits from long-term investors. Realized losses have remained minimal, meaning most sellers are comfortably in the green. TRX itself has shown surprising resilience, holding around $0.33 while other top coins have struggled in recent days.
The consistent profit realization without major downside pressure reflects a market that may be absorbing this selling—at least for now.
Looking Ahead
The current wave of long-term holders cashing out could create new opportunities—or challenges—for Tron in the short term. If new buyers step in to absorb the supply, price stability could continue. But if the exits increase and buyer momentum stalls, TRX may begin to feel the weight.
Whether this marks the start of a shift in investor dynamics or just a healthy reset, one thing is clear: the silent whales of the 2020 bull run are finally starting to speak—with their sell buttons.
The information provided in this article is for informational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
Source: https://coindoo.com/tron-whales-from-2020-cycle-begin-cashing-out-in-billions/