#TRON Whale Activity Driving $TRX Rally
In addition to TRX's price surge, whale activity has significantly contributed to the ongoing market rally. Over the 24-hour period between December 2 and December 3, the number of large transactions exceeding $100,000 increased dramatically from 244 to 722, signaling heightened involvement from high-net-worth individuals and institutions.
According to data from IntoTheBlock, the cumulative value of these large transactions reached a staggering $432 million, underscoring the role of big players in driving TRX's recent momentum. This heightened activity showcases growing confidence among whales and institutional investors, further solidifying Tron’s position as a leading contender in the cryptocurrency market.
Such whale participation often points to sustained interest and may hint at further price growth for TRX in the near term.