TRON (TRX) — Onchain News & Whale Tracking

Trader Eugene: Bitcoin is very likely to test its all-time high, with altcoins expected to experience a strong rebound

May 10th. Renowned trader Eugene Ng Ah Sio took to his personal channel and stated that although he accurately predicted the direction of this recent price surge, his actual trading execution fell short. He was forced out by the volatility and placed a stop-loss before the market began to rise. The risk control strategy he had previously employed to manage losses also led him to miss out on this upward opportunity. This month, the market has rewarded those who had the courage to take risks. At that time, there was hardly a perfect entry point, and essentially, one had to be confident in the upward movement before going long. Looking ahead, this rise to $100,000 has validated the previous support reversal at $90,000. Now, we must consider that the market is likely to once again test its all-time high. This was not the anticipated situation, but funds from MicroStrategy and ETFs seem to be continuously flowing in. In contrast, until yesterday, most of the veteran players in the crypto m

Trump's Plan to Strongly Advocate for a 39.6% Wealth Tax Faces Opposition Within the Republican Party

May 9th. As per the information available, President Trump of the US is striving to increase the tax rate for some of the wealthiest Americans in order to offset other tax cuts within his notable economic plan. The US Commerce Secretary Lutnick expressed that he "is in favor of" this action. Trump's proposal suggests establishing a new 39.6% tax bracket for those with an individual annual income of at least $2.5 million or couples with an income of $5 million. If this is approved by Congress, it will bring the highest tax rate back to the level prior to Trump's 2017 tax cut policy. Currently, the top individual tax rate is 37%. According to Bloomberg, Trump made this request during a call to House Speaker Johnson on Wednesday, emphasizing his desire to eliminate the carried interest tax break that venture capital and private equity fund managers enjoy. However, a large number of Republican lawmakers are opposed to raising the top tax rate, and Trump requires the support of almost al

TRON Nile Testnet Launches TRX Supply Reduction Proposal, Block Rewards and Voting Rewards Simultaneously Reduced

May 8th. As per official channels, the TRON Nile Testnet successfully passed Proposal #19794 at 11:40 on May 8th. According to the proposal, the block reward for TRX has been decreased from 16 TRX to 11 TRX, and the voting reward has been reduced from 160 TRX to 128 TRX. This reduction is intended to expedite TRX's deflation process, further enhance the economic model, and guarantee the long-term sustainable development of the TRON network. The official statement highlights that this adjustment is applicable only to the Nile Testnet, and it remains to be seen whether it will be implemented on the mainnet, which requires community consensus. Currently, a proposal regarding the reduction of mainnet TRX is open for discussion on GitHub, where community members can participate and contribute to the governance decision-making process.

Analysis: Ethereum Faces Strong Resistance Near $1860

On May 8th, according to analyst @ali_charts, Ethereum is encountering strong resistance at $1860. The reason for this is that at this price level, there are 4.54 million wallets holding 5.58 million ETH.

Binance will be conducting a wallet maintenance on the Tron Network tomorrow at 15:00, lasting approximately 1 hour.

May 8th. According to an official notice, Binance will carry out wallet maintenance for the Tron Network (TRX) on May 9th, 2025, at 15:00 (UTC+8).
In order to support this maintenance, Binance will suspend the deposit and withdrawal services for the Tron Network (TRX) starting from 14:55 on May 9th, 2025 (UTC+8). The maintenance is estimated to last for 1 hour, and the deposit and withdrawal services will automatically resume after the maintenance is completed.

Powell: Economy in a Strong Position, Inflation Has Dropped Significantly

On May 8th, Federal Reserve Chair Powell indicated that the current economy is in a stable condition and inflation has witnessed a significant decline. (Xinhua)

Tether Mints 1 Billion USDT on the Tron Network

On July 5th (based on Beijing time), according to the monitoring of Whale Alert, Tether issued an additional 1 billion USDT on the Tron network at 23:25.

Glassnode: BTC Short-Term and Long-Term Holders Both Show Accumulation Behavior, But Breaking Through $99,000 Resistance Requires Strong Buying Pressure to Absorb Selling Pressure

On May 7th, according to Glassnode data, both Bitcoin Short-Term Holders (STH) and Long-Term Holders (LTH) are in the process of accumulation. LTH has been continuously accumulating since early March, and STH has also begun to accumulate in the past week. Glassnode defines LTH as investors holding BTC for more than 155 days, and STH as those holding for less than 155 days. According to their latest weekly report, LTH has accumulated more than 250,000 BTC since early March, pushing the total holdings of this group above 14 million BTC. “This shows that market confidence is recovering, and the accumulation momentum has surpassed the tendency of investors to sell off for hedging purposes,” noted by Glassnode analysis. Although STH usually acts in opposition to LTH, they have also accumulated more than 25,000 BTC in the past week, marking a reversal from the net sell-off trend of more than 200,000 BTC since February 2025. This sell-off period coincided with the start of Bitcoin's 30% pul

Bitcoin payment company Strike launches Bitcoin-backed loan service

On May 7th, the Bitcoin payment company Strike declared that its U.S. customers are now able to utilize Bitcoin as collateral to obtain loans. Qualified customers can obtain a 12-month loan, with the minimum amount being $75,000 and the maximum amount reaching $2 million.

Tether Mints 1 Billion USDT on Tron Network, Authorized but Not Issued

On June 6th, as monitored by Whale Alert, Tether Treasury added 1 billion USDT (approximately valued at $1.001 billion) on the Tron network at 4:52 (UTC+8) this morning. Paolo Ardoino, the CEO of Tether, stated that this was an authorized but unissued transaction, indicating that it will be used as inventory for the next issuance request and on-chain exchanges.

Justin Sun: Calls on OKX to Freeze and Investigate Stolen Funds Deposited After TRON DAO Twitter Account Illegal Takeover

On May 3rd, Justin Sun made a statement on social media, calling on OKX to immediately freeze and conduct an investigation into the fraudulent funds deposited after the TRON DAO Twitter account was illegally seized. Currently, law enforcement has become involved and is actively looking into the case. Those involved scammers are urged to return the stolen funds immediately. It is promised that all recovered funds will be redistributed back to the community.

The US Job Market is Strong, Market Scaling Back Fed Rate Cut Bet

On May 2nd, the stronger-than-expected US employment data indicated that tariff uncertainty had not yet significantly affected the US labor market. This led traders to reduce their bets on Fed rate cuts. Subsequently, US Treasury yields dropped. After a nonfarm payroll increase of 177,000, the 2-year Treasury yield rose by 7 basis points to 3.77%. Traders adjusted their expectations for Fed rate cuts, anticipating a total rate cut of around 85 basis points this year, as opposed to the previous expectation of around 90 basis points before the report. (FXStreet)

Nikkei News: Japan Strongly Opposes Framework Proposed by US Tariff Negotiator

On May 2nd, according to Nikkei News, the US tariff negotiation representative put forward a framework for reaching an agreement with Japan. The US framework indicates that it is unwilling to reduce tariffs on cars, steel, and aluminum. Japan's negotiation representative firmly opposes the US's proposal. (Kin10)

WLFI Co-Creation: USD1 Stablecoin to Be Native Issued on Tron Chain

On May 1st, according to Cointelegraph, Zack Witkoff, the co-founder of World Liberty Financial, declared that the USD1 stablecoin issued by WLFI would also be natively issued on the Tron blockchain. Previously, WLFI had issued the USD1 stablecoin on the BNB Chain.

Analysis: Euro Area Economy Stronger Than Expected, But Potential Growth Momentum Has Significantly Weakened

On April 30th, the data indicates that the Eurozone economy witnessed a faster growth than anticipated in the first quarter, presenting a mild improvement at the outset of 2025. Eurostat announced that driven by the swift economic growth in Spain, the GDP of the Eurozone in Q1 increased by 0.4%, outperforming the expected 0.2%. Nevertheless, the potential growth trend has significantly weakened as the data was skewed by Ireland's 3.2% growth, mainly attributed to the activities of large foreign companies in Ireland for tax purposes. Germany, the largest economy in Europe, only saw a 0.2% growth in its GDP, France grew by 0.1%, and Italy grew by 0.3%. This indicates that excluding Ireland, the economic growth of the Eurozone is close to the economists' expectation of 0.2%. The European Central Bank has stated that apart from the trade war, the financial market turmoil triggered by U.S. policies and the widespread deterioration of market sentiment will all restrain economic growth. Alt

The 15,000 ETH Swing Whale who previously borrowed coins to go long has once again borrowed 4,000 ETH 2 hours ago and sold them at an average price of $1832.2 to go short.

On April 29th, based on the monitoring of @ai_9684xtpa, on April 28th, a whale that borrowed 15,000 ETH for a long position and achieved a profit of $301,000 carried out this activity again 2 hours ago by borrowing an additional 4,000 ETH ($7.32 million) and selling it short at an average price of $1832.2.

Glassnode: Bitcoin's New Holder Supply has been strong and selling pressure has been mild, helping to support the continuation of the upward trend

On April 28th, Glassnode presented the latest update on Bitcoin supply dynamics. It indicates that both first-time buyers and hodlers are continuously demonstrating strong participation, while profit takers are maintaining a moderate level of activity. This serves as a positive indication as it shows that the demand from newcomers and trend followers remains robust and no significant selling pressure has emerged, which is conducive to supporting the sustainability of the recent uptrend. Meanwhile, regarding Ethereum, the activity of first-time buyers has witnessed a significant rebound for the first time since February. Additionally, the momentum buyer activity over the past 7 days has been on the rise. However, the activity of profit takers is also increasing, which provides context for the recent slowdown in the recovery of the ETH price.

Tether just minted another 1B $USDT on #Tron.

Tether just minted another 1B $USDT on #Tron. Since January 29, Tether has minted a total of 12B $USDT on #Tron. Currently, the total supply of $USDT on #Tron has reached $71.7B.

Tether Issues Additional 1 Billion USDT on the Tron Network

On April 28th, as monitored by Whale Alert, Tether minted 1 billion USDT on the Tron network 2 minutes ago.

Web3 entertainment company YOAKE entertainment has raised approximately $1.25 million in funding.

On April 28th, according to Kepple, the Web3 entertainment company YOAKE entertainment declared that it had raised 180 million yen (approximately 1.25 million USD) through a private token sale and convertible corporate bonds.
This fundraising round was guided by Next Web Capital, with the participation of Bitbank Ventures, Credit Scend, Hakuhodo Kettle KEY3, Taisu Ventures, X2Y2, and other entities. The funds will be allocated to the development of a next-generation entertainment platform, the production of global IP content, and other aspects.

Analyst: Bitcoin Faces Strong Resistance in the $94,125 to $99,150 Range

On April 26th, the cryptocurrency analyst @ali_charts presented a chart analysis indicating that Bitcoin is encountering strong resistance within the range of $94,125 to $99,150. Approximately 2.61 million wallets are accumulating 1.76 million bitcoins in this price range.

AI Sector Token Shows Strong Rebound, ai16z Surges Over 35% in 24 Hours

Looks like Justin Sun(@justinsuntron) has registered for the $TRUMP dinner. He currently holds 1,176,803 $TRUMP($14.32M), ranking #1 on the leaderboard.

Looks like Justin Sun(@justinsuntron) has registered for the $TRUMP dinner. He currently holds 1,176,803 $TRUMP($14.32M), ranking #1 on the leaderboard.

Federal Reserve Harker: Fed Could Take Action in June If Economic Data is Strong

On April 24th, Federal Reserve's Harker stated that if economic data is conclusive, the Fed may take actions in June. (Xinhua News Agency)

Tether Freezes a Total of 28.67 Million USDT Held in 12 Addresses on the Tron Network

On April 24th, as per the monitoring of MistTrack, Tether has frozen a total of 28.67 million USDT held in 12 addresses on the Tron network.

BTC HODLers Absorb Short-Term Selling Pressure, $95,000 Faces Strong Resistance

On April 24th, according to CoinDesk, with the Bitcoin price rebounding above $90,000, long-term holders (with a holding period of ≥155 days) continue to accumulate, absorbing the selling pressure from short-term holders at a ratio of 1.38:1. From January to the present, Bitcoin holders have seen a net increase of 635,340 BTC in their holdings. The current total holdings of long-term holders are approximately 13.755 million BTC, accounting for about 65% of the circulating supply. Short-term holders own approximately 3.51 million BTC, with a net decrease of about 460,000 BTC in the past 155 days. The cost basis of Bitcoin long-term holders is mostly concentrated in the range of $65,000 to $95,000. Meanwhile, short-term holders have been taking profits or cutting losses recently, indicating that market sentiment has not fully recovered. Despite Bitcoin's 30% retracement from its January all-time high of $109,000, long-term holders continue to accumulate at lower levels, which is a typic

Tether has minted 11B $USDT on #Tron since January 29. Currently, $USDT on #Tron has exceeded $70B!

Tether has minted 11B $USDT on #Tron since January 29. Currently, $USDT on #Tron has exceeded $70B!

U.S. Treasury Secretary Yellen: The United States Continues to Uphold a Strong Dollar Policy

On April 23rd, U.S. Treasury Secretary Yellen once again stated that the U.S. still adheres to a policy of a strong dollar.

Tether Issues 1 Billion USDT on the Tron Network

On April 23rd, as monitored by Whale Alert, Tether minted 1 billion USDT on the Tron network 4 hours ago. Tether CEO Paolo Ardoino stated that this 1 billion USDT minted this time is a replenishment of inventory. It is an authorized but unissued transaction, indicating that this amount will be used for the next issuance request and chain exchange inventory.

Over the past week, the Tron network's stablecoins (USDT and USDC) have increased by $623 million.

On April 22nd, as per the monitoring of LookOnChain, during the past 7 days, the stablecoins of Tron (USDT and USDC) witnessed an increase of $623 million. In contrast, the stablecoins of Arbitrum (USDT and USDC) experienced a decrease of $178.26 million.

An address on the Tron blockchain holding 15 million USDT has been frozen.

On April 21st, as monitored by Whale Alert, an address on the Tron blockchain that was holding 15 million USDT was frozen.

Former Ethiopian Prime Minister Tamrat Admassu has joined blockchain company Kula as a senior advisor.

On April 21st, the former Ethiopian Prime Minister Tamrat Admassu has become a member of the senior advisory team of the blockchain company Kula. Kula currently utilizes blockchain-based governance to promote innovation in the real-world asset industry. It aims to combine smart contract automation with real-world accountability in order to manage real-world commodity projects. (The Block)

WEEX WE-Launch will launch SHIB ARMY STRONG (SAS), with a $10,000 USDT allocation in WXT.

On April 21st, WEEX made an announcement that the platform is going to launch the WE-Launch project SHIB ARMY STRONG (SAS) on April 25th. Users who have staked ≥ 1,000 WXT from April 22nd at 3:00 PM (UTC+8) to April 25th at 3:00 PM (UTC+8) will be eligible to participate in sharing 10,000 USDT according to the proportion of their total staked amount.

Tether Issues 1 Billion USDT on the Tron Network

On April 21st, as monitored by Whale Alert, Tether minted 1 billion USDT on the Tron network just 5 minutes ago. Tether CEO Paolo Ardoino stated that this 1 billion USDT minting this time is a replenishment of the treasury. It is an authorized but unissued transaction, which implies that the amount will be used for the next issuance request and on-chain exchanges' treasury.

Tether(@Tether_to) just minted another 1B $USDT on #TronNetwork.

Tether(@Tether_to) just minted another 1B $USDT on #TronNetwork. Tether has minted 10B $USDT since Jan 29, 2025.

Futureverse has acquired Candy Digital and entered into partnerships with Netflix and DC Comics IP.

April 16th - As per Decrypt, the Metaverse technology company Futureverse announced on April 16, 2025, that it has made the acquisition of the digital collectibles platform Candy Digital. The details of the transaction amount were not made public. This acquisition has allowed Futureverse to gain access to Candy Digital's 4 million digital collectibles, 1.5 million user accounts, as well as partnerships with blue-chip brands like Netflix, DC Comics, and MLB. Futureverse, which was established in late 2022, had previously completed a $54 million Series A funding round in 2023, with a valuation of approximately $1 billion.

Institution: The era of the strong US dollar has peaked, and the dollar may further weaken

On April 16th, due to persistent concerns regarding the influence of Trump's tariffs on the US economy, the US dollar witnessed a decline. Mohit Kumar, an economist at the financial institution Julius Baer, mentioned in a report: "People are casting doubts on US exceptionalism and the credibility of the US dollar as a reserve currency." He further stated that in the medium term, tariffs might erode the reliability of the United States, and investors will start to explore other destinations. He asserted that the era of a robust US dollar has reached its zenith, and the dollar is likely to weaken further. As central banks worldwide aim to reduce their dependence on the dollar, the price of gold may stand to gain. (FXStreet)

Matrixport: Bitcoin ETF Fund Inflow Dominated by Top Institutions, Reflecting Strong Institutional Demand over Retail Broad Participation

On April 16th, Matrixport disclosed today's market outlook, stating that by 2025, the net inflow of funds into Bitcoin ETFs would only be slightly above zero. Despite a strong start to the year, with a peak inflow of nearly $5.5 billion. This phenomenon is quite unexpected as Bitcoin has outperformed U.S. tech stocks this year and gold has also hit an all-time high. It is worth noting that the total net inflow into Bitcoin ETFs is $35.5 billion. BlackRock accounts for $39.6 billion and Fidelity for $11.4 billion, jointly holding the vast majority of the share. In contrast, the inflows from other ETF issuers are relatively limited. This indicates that the current buying pressure is more likely to come from a specific institutional client base rather than being mainly driven by widespread retail funds. If it were the latter, the inflows would be more evenly distributed among various ETF providers.

CNBC: U.S. Announces Investigation into Chip and Electronics Imports

On April 15th, as reported by CNBC, the United States announced an investigation into the import of chips and electronic products. (Gold10)

Trump: Once the market has adjusted to the tariffs, it will become very strong

On April 15th, President Trump of the U.S. stated that once the market has adjusted to the tariffs, it will become very strong. (Bloomberg Terminal)

European Tech Stocks Surge as US Grants Tariff Relief on Some Electronics

On Monday, European technology stocks rose as the US agreed to exempt electronic products from "counter tariffs". Among European semiconductor companies, those most exposed to the US market, such as ASM International, Infineon, and ASML, saw the largest gains, rising by about 2%. Apple's stock price in Frankfurt rose by more than 6% at one point. Other US technology stocks listed in Frankfurt also rose, with Nvidia up by more than 3% and Dell Technologies up by 6.3%. The European technology stock index rose by 2.8%, with computer peripherals manufacturer Logitech up by around 5% and SAP and Dassault Systemes up by 2%. In early European trading, Nasdaq index futures rose by 1.6%. (Jinse)

Trump: Keeping an Eye on Semiconductors and the Entire Electronics Supply Chain

On April 14th, Trump said on social media: No country can "get away with impunity" for its unfair trade deficit and non-tariff barriers against the United States. No "tariff waivers" were announced on Friday. They have merely been put into a different tariff "category." The fake news media is aware of this but refuses to report it accurately. In the forthcoming national security tariff investigation, we are concentrating on semiconductors and the entire electronics supply chain. We must produce products on American soil. America's golden age is about to commence, including upcoming tax cuts and relaxed regulations. A large part of this has already received approval from the House and Senate, which means more high-paying jobs in manufacturing products in our country. (Golden Ten)

Institution: Trump Pauses Electronic Goods Tariffs, US Dollar Temporarily Supported

On April 14th, following the suspension of tariffs on popular consumer electronics by the United States, the dollar experienced a slight reprieve from its recent sharp decline, which gave some hope that Trump would demonstrate flexibility in conducting the trade war. Nevertheless, this relief may be short-lived as Trump still pledges to impose specific import tariffs on consumer electronics and review microchips within a national security tariff investigation. Dane Cekov, the Senior Macro and FX Strategist at Sparebank 1 Markets AS, stated, "For the dollar to continue its upward trend, the trade war must be promptly and amicably resolved before the U.S. economy sustains long-term damage. As the impact of Trump's tariffs becomes evident in hard data such as consumption, inflation, and labor market data, the dollar will continue to weaken in the forthcoming months." (FXStreet)

U.S. Secretary of Commerce: U.S. Tariff Exemption on Electronic Products May Be Temporary

On April 13th, U.S. Commerce Secretary Raimondo stated in an interview that electronic products like smartphones, laptops, and wireless earbuds, which were previously exempt from tariffs, will be reevaluated as part of the government's investigation into the semiconductor industry. These products may be subject to semiconductor industry tariffs and could be implemented within one to two months. When asked to clarify whether the tariff on iPhones would "resume in about a month", Raimondo replied, "That's correct. We need our drugs, semiconductors, and electronics to be produced in the United States." His remarks will heighten the uncertainty among businesses regarding Trump's tariff actions. Trump's tariff measures have witnessed a series of reversals, and last week they led to a significant sell-off in the $29 trillion U.S. Treasury market. Additionally, Raimondo also mentioned that tariffs on the pharmaceutical industry will be imposed in the next one or two months. (FXStreet)

U.S. Secretary of Commerce: Electronic Products to Be Included in Upcoming Industry Tariffs and Will Be Implemented in Approximately One Month

On April 13th, as reported by ABC News, US Commerce Secretary Raimondo said that electronic products will be placed under the upcoming industrial tariffs and will be implemented in approximately one month. Tariffs for the pharmaceutical industry will be introduced in the next one or two months. (Golden Ten)

Tether Issues 1 Billion USDT on the Tron Network

On April 12th, according to Whale Alert data, Tether minted an extra 1 billion USDT on the Tron network at 15:45 Beijing time.

Wall Street Top Strategist: Trump's Tariff Deferral Policy Cannot Eliminate Uncertainty, US Stocks Continue to Face Pressure and Struggle to Sustain a Strong Rebound

April 11th. Although the three major indexes defied the trend and rose in the gloomy April market on Wednesday, the Dow Jones Industrial Average (DJIA) nosedived by 2.5% on Thursday, the S&P 500 Index (SPX) tumbled by 3.5%, and the tech-heavy Nasdaq Composite Index (COMP) plunged by 4.3%, which sent the market sentiment into a sharp decline. David Kelly, the Chief Global Strategist at J.P. Morgan Asset Management, stated in a phone interview, "The shadow of tariffs has not yet dissipated. Coupled with government spending cuts and a tightening immigration policy resulting in a labor shortage, the market has realized that the economy is facing a comprehensive impact." Kelly pointed out that if the current policies continue, the U.S. economy may face a recession later this year. He believes that for U.S. stocks to stabilize, at least "tariff policy stability" and an improvement in international trade relations are required. (Jinse)

Tether Treasury minted another 1B $USDT on #TronNetwork 4 hours ago.

Tether Treasury minted another 1B $USDT on #TronNetwork 4 hours ago. So far in 2025, Tether Treasury has minted a total of 8B $USDT on #TronNetwork and burned 1B $USDT on #Ethereum.

Justin Sun: TRON's TRX and Huobi's HTX Will Always Uphold Industry Development, Providing a Safe Haven for the Volatile Crypto Market

On April 8th, Justin Sun, the founder of TRON, the global advisor of Huobi HTX, and the core supporter of HTX DAO, made an appearance at the "TRON x HTX DAO 2025 Hong Kong Night". During the event, Justin Sun expounded on the development commitments towards TRON and Huobi HTX around the three key words of "inheritance, perseverance, and construction". He stated that in the current complex and ever-changing geopolitical and financial environment, regardless of market fluctuations, TRON and Huobi HTX will always persevere and continue to build, providing a safe haven for the volatile cryptocurrency market and leading the blockchain towards a more brilliant future. Furthermore, by combining personal experiences with reflections after being on the cover of Forbes, Justin Sun shared his views on the industry, emphasizing that practitioners should maintain an attitude of "fear, awe, and respect". He introduced that since entering the cryptocurrency market in 2012, he has always been cautiou

Bernstein: Bitcoin Shows Strong Resilience

On April 8th, Bernstein remarked that Bitcoin had declined by 26% during the recent market unrest. When compared to past crashes ranging from 50% to 70%, this is regarded as mild, suggesting stronger demand. Market tariffs have had an impact on crypto miners; however, U.S. alternatives and AI opportunities have offered support. Bitcoin still fluctuates in a manner similar to a tech stock rather than gold, but it serves as a liquid risk asset when markets are closed. In the long term, it is a more volatile and liquid version of gold (with a market capitalization of approximately $2 trillion compared to gold's $20 trillion). Institutional adoption through ETFs and corporate treasuries (accounting for 10% of the supply) has made Bitcoin more stable. Despite a 15% decrease year-to-date, ETF inflows remain positive. The main source of selling pressure comes from short-term traders, while miners remain strong with AI trading and low leverage.