TRON (TRX) — Onchain News & Whale Tracking

During the market pullback, some meme coins are still holding strong, with JELLYJELLY experiencing a counter-trend surge of 37%.

Justin Sun IDBW2025 Speech: Tron's TRONIX Fee Reduction Enhances Efficiency, While On-Chain Scale and Ecosystem Progress Accelerate in Tandem

On December 10, Indonesia Blockchain Week 2025 took place at the Jakarta International Conference Center. This year’s event—with the theme “AI, Blockchain, and Tokenization Solutions”—drew more than 5,000 attendees from the industry, investment, finance, and regulatory sectors. During the conference, TRON Foundation founder Justin Sun addressed attendees via pre-recorded video, sharing the latest TRON network metrics: its on-chain user base tops 350 million, with daily transaction volume surpassing 10 million and daily active users (DAUs) exceeding 3 million. Additionally, TRON’s protocol revenue neared $1 billion per quarter in the last two quarters. Sun also announced the community has approved a proposal to cut energy costs by roughly 60%. On ecosystem development, Sun highlighted growth in stablecoins and DeFi applications, plus progress in combating on-chain illicit activity. Notably, the T3 FCU—launched jointly by the TRON Foundation, Tether, and TRM Labs—has frozen more th

Trump Strongly Defends Tariff Policy, Calling Potential Supreme Court Ruling Against It a "Historic Threat"

On December 9, Trump defended his tariff policy in a Truth Social post: "Tariffs are convenient and quick to implement, which has drastically boosted our national security. The U.S. is now the world’s strongest economic power ever. Only evil forces want to see this end! The biggest historic threat to American national security would be an unfavorable U.S. Supreme Court ruling on the tariff issue—at that point, we’d be completely defenseless economically."

BitMine increased its ETH holdings by 138,452 coins last week, while Tom Lee is optimistic about Ethereum's strong performance in the coming months.

**December 8 — BitMine announced Wednesday its total holdings of cryptocurrency, cash and “potential assets” have reached $13.2 billion.** As of 4:00 PM Eastern Time on December 7, the company’s asset breakdown includes: - 3,864,951 Ethereum (ETH) - 193 Bitcoin (BTC) - $36 million in Eightco Holdings (NASDAQ: ORBS) equity - $1 billion in cash Thomas “Tom” Lee, chairman of Fundstrat and BitMine, noted: “Over the past week, BitMine added 138,452 ETH to its holdings — a 156% jump from the 54,156 ETH it added on average per week four weeks ago (the week of Nov. 17). Our accelerated buying reflects confidence that ETH prices will strengthen in the coming months, driven by multiple catalysts. “The Fusaka upgrade (also called Fulu-Osaka) went live Dec. 3, delivering enhancements to scalability, security and usability. The Federal Reserve has taken key December actions, including ending quantitative tightening, and is expected to cut interest rates again Dec. 10. “More th

Tether(@Tether_to) just minted another 1B $USDT on #Tron. The stablecoin market cap on #Tron has now surpassed $81.2B.

Tether(@Tether_to) just minted another 1B $USDT on #Tron. The stablecoin market cap on #Tron has now surpassed $81.2B.

Tether Mints 1 Billion USDT on the Tron Network

On December 8th, Whale Alert reported that Tether minted an additional 1 billion USDT on the Tron network at 21:05 Beijing time.

Aster Increases Daily Buyback to $4 Million, Strongly Rebounds After Coin Price Falls to CZ's Cost Line

**ASTER Updates: Daily Repurchase Hiked to $4M/Q4; Price Rebounds 9.7%** As of 11:00 AM ET on December 8th, Aster’s official announcement (via [https://www.asterdex.com/en-US/referral/aboter](https://www.asterdex.com/en-US/referral/aboter)) confirmed its Q4 daily repurchase amount has been raised from the prior $3 million to $4 million, effective immediately. The statement added: *“This acceleration has allowed us to promptly upload accumulated fourth-quarter fees (collected since November 10th) to the blockchain, providing additional support amid market volatility.”* Per HyperInsight monitoring (via [https://t.me/HyperInsight](https://t.me/HyperInsight)): - ASTER’s price dipped to $0.89 this morning, approaching CZ’s entry price before staging a sharp rebound—posting a ~9.7% gain over 12 hours. - The “Shanzhai Air Force Leader” whale is now the largest ASTER short position holder on Hyperliquid. After ASTER fell below $0.95 yesterday, the whale has been closing positions.

Philippine Digital Bank GoTyme Launches Cryptocurrency Service

On December 8, Philippine digital bank GoTyme—serving 6.5 million customers—has partnered with U.S. fintech firm Alpaca to launch cryptocurrency services in the Philippines. Now, users can buy and store 11 different cryptocurrencies via GoTyme’s banking app, including Bitcoin, Ethereum, SOL, DOT and other altcoins, with automatic conversion from Philippine pesos to U.S. dollars (USD).

Preferred Stock STRF Performance Strong, Up 36% in Nine Months, Emerging as the Most Prominent Credit Product

CoinDesk – December 5 MicroStrategy (MSTR)’s Senior Secure Equity (STRF) has climbed 36% since its March issuance, currently trading at $110 — a sharp 20% rebound from its November 21 low. STRF is highly correlated with Bitcoin’s price action, with its bounce aligning as Bitcoin stabilizes around $80,000. STRF features a 10% fixed annual interest rate, governance rights, and a penalty interest rate mechanism. Thanks to its strong downside protection and lower risk profile, it has sustained robust market demand, with the current effective yield at roughly 9.03%. Since October, the spread between STRF and MSTR’s Mezzanine Preferred Stock (STRD) has widened steadily, hitting a record high in November — signaling investors are piling into lower-risk assets. Meanwhile, MicroStrategy announced a $1.44 billion cash reserve for preferred stock dividends, pushing its common stock from an early-month low of $155 to $185 and lifting overall market sentiment sharply.

Santiment: Ethereum's current rebound is benefiting from strong buyouts by "Whale Wallets," accumulating 450,000 ETH in the past two weeks

On December 4, Ethereum’s price surged to $3,215, fueled primarily by aggressive buying from “whale wallets” holding 1,000 to 10,000 ETH. This cohort has been a key driver of Ethereum’s price gains in 2025. Graph data shows the group accumulated 450,000 ETH total between November 18 and December 2. Additionally, the daily number of new wallets on the Ethereum network hit 190,000.

The total accounts on #Tron have now surpassed 350 million.

The total accounts on #Tron have now surpassed 350 million.

Crypto trader paulwei has adjusted his order placement strategy, with the long-short trigger range set to around $91,000 to $94,400.

December 4th — Per Coinbob's Hot Address Monitoring (https://t.me/Coinbob_track_CN), crypto trader Paul Wei adjusted his BTC long position entry today. He raised his long entry level from $83,500 to $91,100, allocating 75% of his funds to the long position. His short target range is set at $94,400 to $99,000 (15% of funds), with 10% of capital reserved. Currently, he holds a 2x-leveraged BTC long position worth ~$1,580, with an average entry price of $90,300. Background: From May 1, 2020, the trader grew his BTC holdings from 1.8 BTC to over 80 BTC in two years. Since November 16, he has traded publicly on Hyperliquid with an initial capital of ~1 BTC, posting a profit of ~$3,300 to date.

Analysis: Bitcoin experienced a strong short-term rally yesterday. Caution is advised for those looking to chase long positions at the moment. The current support level is $89,923.

On December 3rd, on-chain data analyst Murphy noted: "Last night’s pump was strong enough that the 4-hour candle has deviated sharply from today’s indicator baseline of $89,923. It’s not advisable to chase long positions here today—prices have hit the 4th-level target line, so sustaining a strong uptrend tonight will be tough. That said, as long as it holds above $89,923, there will still be trend-following opportunities tomorrow. The daily candle remains below the bearish trend line but is now very close to the line’s $93,958 level. If the daily candle closes above this price, the indicator will flip from red to green (bullish trend line), and a daily-level rebound is expected—with target levels at $95,604 and $99,108."

TRON's Total Accounts Exceed 350 Million

As of December 3, TRONSCAN data shows the total number of accounts on the TRON network has hit 350,039,047—officially crossing the 3.5 billion mark. This figure represents the total count of activated account addresses on the TRON network. Meanwhile, the network’s recent total transaction volume has exceeded $23 trillion, with on-chain activity continuing to climb. Additionally, Web3 e-commerce platform Uquid announced on social media that in Q3 2025, orders for physical goods paid with TRON-based USDT on its Uquid Shop iOS app surged by 64%. As a key player in the global payment ecosystem, TRON is focused on building infrastructure for the decentralized internet and actively advancing its adoption. Currently, the network boasts over 12.2 billion total transactions, a total value locked (TVL) of more than $23.5 billion, and has evolved into a community-governed decentralized autonomous organization (DAO).

Tether minted 1B $USDT on #Tron. The stablecoin market cap on #Tron has now surpassed $80.2B.

Tether minted 1B $USDT on #Tron. The stablecoin market cap on #Tron has now surpassed $80.2B.

TRON Foundation and HTX have completed a HKD 10 million donation to support the Hong Kong Tai Po fire relief efforts.

On December 2nd, Tron founder Justin Sun announced on X that Tron has completed a HKD 10 million donation to the Tai Po Welfare Fund—supported by the Hong Kong SAR Government in partnership with HTX—to back rescue efforts related to Hong Kong’s Tai Po fire.

A certain Whale Holding Strong on "Shorting Altcoins" is currently enjoying a floating profit of $6.417 million, with a total account profit exceeding $78.86 million.

On December 2nd, on-chain analyst Ai Yi (@ai_9684xtpa) noted that a whale with short positions in 21 meme coins now holds an unrealized gain of $6.417 million. The whale address "0xa31...8aD1E" has stuck to a "short meme coins" strategy since June this year. Its profits spiked sharply after the October 11th flash crash, pushing total account profits above $78.86 million. Currently, among its 22 positions, only ENA is held long (and is in the red), while all 21 short positions are profitable.

Solana Ecosystem's OG Meme Coin Sees Strong Rebound Today, ZEREBRO Surges Over 35%

On December 2nd, market data from GMGN (via https://t.me/gmgnaibot?start=i_m4TE56o8) shows a notable rebound among older meme coins in the Solana ecosystem, including: - **ZEREBRO**: Up over 35% in a single day, with a 24-hour trading volume of $37.1 million; - **JELLYJELLY**: Up over 25% in a single day, with a 24-hour trading volume of $69.95 million; - **FARTCOIN**: Up over 16% in a single day, with a 24-hour trading volume of $2.67 billion. BlockBeats advises users that meme coin prices are highly volatile, and investors should exercise caution.

Berenstein: Crypto Company Fundamentals "Remain Strong," Current Bear Market Decline Shows Fundamental Differences

On December 1, a Bernstein analyst noted the industry is still “waiting for a clear signal that Bitcoin has bottomed out” — but stressed this downturn is fundamentally different from past pullbacks: core crypto operating firms are actively shifting to new revenue models, and business fundamentals remain “strong.” In a client report Monday, analyst Gautam Chhugani’s team acknowledged bearish sentiment has hit crypto-related stocks: Coinbase is down 21% in the past 30 days, Circle has fallen 37%, and Robinhood is off 12%. However, they noted most speculative bubbles are confined to the tail of trend-chasing projects, reiterating “no real-world scenario threatens the long-term viability of these projects.” Bernstein highlighted the stark gap between the industry’s operational performance and market valuations, noting business model innovation and regulatory tailwinds are showing strong resilience. The team believes the industry is entering a new phase, where firms are finally implem

glassnode: $80,000 Range Could Potentially Become a Strong Support Zone for Bitcoin

December 1: Glassnode released a note stating that after Bitcoin fell to the lower end of the $80,000 range, a new on-chain cost basis cluster formed—suggesting new buying interest accumulated at that price level. This area now ranks as one of the most dense spots on the heatmap, potentially acting as a strong support zone and likely to be actively defended by recent buyers.

In November, perps volume on #Tron reached $9.078B — a 271% increase compared to October.

In November, perps volume on #Tron reached $9.078B — a 271% increase compared to October.

Galaxy Digital Executive: This Cycle's Top May Have Already Been Established, Bitcoin Faces Strong Resistance at $90,000

On November 26th, Beimnet Abebe, the Head of Credit Trading at Galaxy Digital, stated in an interview that he thinks the top of this cycle has probably been reached. In the short term, it will be difficult for the price to return to the range of $120,000 to $125,000. Currently, the $90,000 level is likely to present strong resistance.

Bitunix Analyst: US Employment Stagnation Departs from Strong GDP, Market Pricing Enters Rift Zone with BTC Approaching Short Squeeze Price

On November 24th, the "peculiar divergence" of the U.S. economy pushed market sentiment into a new range of uncertainties. While GDP remained strong, corporate hiring hit a multi-year low. The AI-driven investment boom has boosted productivity but failed to drive job expansion, putting the Federal Reserve in a rare policy dilemma between rate cuts and a stalemate. Meanwhile, after Israeli airstrikes on Beirut, the situation in the Middle East heated up again, and geopolitical risks caused short-term disturbances in safe-haven demand. At the macro level, the divergence between weak employment and strong output has led the Federal Reserve to remain highly cautious about the pace of rate cuts. Officials emphasized in the latest minutes that the policy stance would not be adjusted at present without clearer signals of inflation cooling or labor market deterioration. This environment has prompted the market to reprice liquidity expectations, and volatility may rise again. In the crypto ma

Analysis: When the Volatility Index (VIX) exceeds 28.7, the S&P 500 tends to deliver strong returns

On November 24th, KobeissiLetter released a market analysis indicating that according to historical data, when the volatility index VIX exceeds 28.7 points, the S&P 500 index tends to generate strong returns over the subsequent 12 months. When the VIX index is within the range of 28.7 to 33.5, the average return over the next year from 1991 to 2022 is +16%. When the VIX index exceeds 33.5, the average return over 12 months soars to +27%. In contrast, when the VIX index fluctuates between 11.3 and 12.0, the S&P 500 index has a return of +15% over the next year. Historical data shows that an increase in the VIX index often presents buying opportunities. Currently, the VIX index is 23.42.

Michael Saylor's Post "HODL Strong," Encourages Holding Through Market Volatility

On November 21st, the founder of Strategy, Michael Saylor, posted "HODL On", advocating patience and holding through the current market volatility. A few days prior, Michael Saylor stated in an interview that "Bitcoin must fall below $10,000 for Strategy to sell its holdings."

Federal Reserve's Williams: Expects to See a Period of Strong AI Growth

November 21st. Federal Reserve's Williams stated that the market appears to be extremely optimistic about artificial intelligence and anticipates witnessing a period of robust growth. (Xinhua News Agency)

CryptoQuant CEO: Market Weakness Beyond Expectations, Strong Rebound Unlikely in the Next 3-6 Months

On November 21st, Ki Young Ju, the founder and CEO of CryptoQuant, published an analysis on the X platform, stating that the market weakness exceeded expectations. If this situation continues, Bitcoin may not experience a strong rebound within the next 3 to 6 months. It is expected that the real bull market rally will commence next year after liquidity recovers. In addition, Ki Young Ju quoted the view of macroeconomic expert @LukeGromen that there is weak demand for US Treasury bonds from abroad. If there is no new injection of liquidity, the US Treasury bond market will become unstable. Once liquidity recovers next year, the prices of scarce assets such as gold and Bitcoin are expected to rise. It is worth noting that this morning, Ki Young Ju also stated in a post that there is no need to be afraid of holding spot positions, and selling or shorting at this time is extremely unwise.

On-chain Whale Activity Overview: Buddy Faces Liquidation Again, Mega Whale of 10,000 BTC Completes Sell-off

TIP-6780 Latest Update: TRON Developer Community Releases SELFDESTRUCT Instruction Revision Explanation

November 19th. Lately, the TRON developers community has released the most recent explanation of "TIP-6780: Change to the SELFDESTRUCT Opcode" on Medium and has discussed the impact of this instruction change during a recent developer meeting. According to the plan, this change will be integrated into the upcoming java-tron v4.8.1 version. However, it will not take effect immediately upon release. Instead, the official activation time will be determined through on-chain governance voting after the completion of the network-wide upgrade. According to the explanation, the core adjustment of TIP-6780 is to limit the usage scenario of SELFDESTRUCT, enabling it to truly delete account data (such as code, storage, and the account itself) only when called in the same transaction that created the contract. At the same time, the barrier to usage will be increased by adjusting the fixed energy cost from 0 to 5000 to reduce abuse risks. This change will make TRON's behavior consistent with Ether

Binance will support the Neutron (NTRN) network upgrade

On November 19th, Binance is anticipated to halt the token deposit and withdrawal services of the Neutron (NTRN) network at 22:00 on November 19th, 2025 in order to support its network upgrade. The Neutron (NTRN) network upgrade is scheduled to occur at block height 40,729,000 (estimated to be at 23:00 on November 19th, 2025).

```html Binance CEO: The Cost of Emotional Trading Is High, Investors Should Tune Out Short-Term Noise ```

On November 18th, Binance CEO Richard Teng posted on social media, stating that in the crypto market, the cost of emotional trading is the highest. Price volatility is an inherent part of this process. The strongest defense has always been a clear strategy, sufficient patience, and diligent independent research. Please focus on the fundamental value rather than short-term noise.

Hong Hao: Bitcoin May Fall to the $70,000 Range to Find Strong Support

On November 18th, according to Bloomberg Businessweek's annual data, two-time China's most influential economist Hong Hao posted on Xiaohongshu, indicating that Bitcoin, which has fallen to $92,000, may only find significant support after dropping to the $70,000 range.

On-Chain Whale Activity Overview: The 'Buddy' Faces Liquidation Again but Holds Strong on Long Position, $2.63 Billion Whale in DeFi Lending Nearing Margin Call

On November 18th, as monitored by Hyperinsight (https://t.me/HyperInsight), the following is a summary of the on-chain whale activities in the past 24 hours: Whale "Buddy" Huang Lizheng's 25x leveraged long position in ETH has been liquidated multiple times. He has now accumulated losses exceeding 19.35 million US dollars. Currently, he is holding 368.88 long ETH, worth 1.11 million US dollars, with a liquidation price of 2963.3. In the past 24 hours, a whale spent 31.16 million USDT to purchase 10,275 ETH at an average price of 3032. Since November 12th, the whale has spent 41.89 million USDT to purchase 13,612 ETH at an average price of 3077. A whale that accumulated 263 million US dollars worth of WBTC and ETH through a flash loan three months ago is on the verge of liquidation. The whale started liquidating and reducing positions today to lower the liquidation price. It sold 1,316.8 ETH 4 hours ago for 4.017 million USDT to repay the loan. It still has a debt of up to 146 millio

Last week, perps volume on #Tron exceeded $2.59B, a week-on-week increase of 166.69%.

Last week, perps volume on #Tron exceeded $2.59B, a week-on-week increase of 166.69%.

Analyst: Bitcoin Positioning Indicator Returning to Neutral, Market Digesting Strong Bearish Pressure

Update as of November 17th. CryptoQuant analyst Axel Adler Jr. posted, saying, "The Bitcoin Position Index gauges the overall direction and intensity of the futures market, indicating the aggressiveness of participants in taking long or short positions. After withstanding strong bearish pressure, this index has now reverted to a neutral level." The market has shown a slight slowdown to digest the recent changes, which is considered more conducive to the price movement.

On-Chain Whale Activity Overview: "The Buddy" Holds Strong Despite Setbacks, "Borrowed Coins to Short 66,000 ETH" Whale Accelerates Sell-off

On November 17th, as monitored by Hyperinsight, the on-chain whale activities within the past 24 hours are as follows: Early this morning, the "buddy" witnessed the complete liquidation of his 25x ETH long position, incurring a loss of approximately $3.6 million. Subsequently, he reopened a 25x ETH long position, and 15 minutes ago, he was adding to his long position. As of the time of this writing, his long position holds 3900 ETH and is currently showing an unrealized gain of $286,600. The whale address that "once borrowed to short 66,000 ETH" last night deposited another 26,000 ETH into Binance, which is approximately worth $82.47 million. The largest ZEC short position on Hyperliquid is currently at a floating loss of over $22.04 million. This address has been holding this position for more than a month, and early yesterday morning, it added 5 million USDC to the account to increase the collateral.

Federal Reserve Official Sends Strong Hawkish Signal Again, December Rate Cut in Doubt

November 17th: The Federal Reserve officials have once again sent a resolutely hawkish signal. Mester stated that it is challenging to advocate for a rate cut in December. Providing more preemptive support to the labor market through a rate cut is not a proper approach. Bullard commented that further rate cuts may have a lasting influence on inflation. His concerns about inflation extend far beyond tariff-related issues. On the other hand, Federal Reserve Governor Brainard supported a rate cut. The data indicates the need for a rate cut, and the Fed should adopt a more dovish stance.

Eric Trump: Bitcoin is the Strongest Asset, Surpassing Traditional Assets as a Safe Haven Choice

November 14th. According to Ming Pao, Eric Trump, the son of US President Trump, stated in an interview that Bitcoin has become the strongest asset of this era. In contrast to traditional hard assets like real estate, he believes Bitcoin has the upper hand. Eric Trump holds the view that Bitcoin has advantages such as 24/7 trading and low fees, which traditional hard assets cannot match. He thinks that whether it is for hedging against inflation, corruption, or the chaos of global monetary policy, Bitcoin can be a crucial option for investors seeking refuge. Donald Trump Jr. and Eric Trump, the two sons of President Trump, hold shares in the Bitcoin mining company American Bitcoin. When asked why American Bitcoin can mine at an extremely low cost, Eric Trump mentioned that the main reason is the recent decline in US energy prices. The company operates in western Texas and takes advantage of the extremely low local electricity costs to mine Bitcoin 24 hours a day, with a cost of about

Infinex Patron NFT Floor Price Surges Past 1.65 ETH, 24h Gain of 15.39%

On November 13th, based on Blur data, the floor price of the Infinex Patron NFT has exceeded 1.65 ETH, which is equivalent to approximately $5800, with a 24-hour increase of 15.39%. Infinex announced that it will soon carry out the TGE of the INX token, with 100% of the supply allocated to Patrons.

Infinex: Upcoming INX Token TGE, 100% of Supply to be Allocated to Patrons

On November 13th, Founder kain of the cross-chain aggregation DeFi platform Infinex announced that Infinex is about to carry out a TGE. 100% of the INX supply will be allocated to Patrons. The total supply of INX is 10 billion, and there are 100,000 Patron NFTs. Each Patron NFT will receive 100,000 INX. μPatron holders will receive INX tokens at a ratio of 1:10. The Infinex treasury still holds approximately 33% of the token supply. Some of these tokens are used for Patron sales, some for future incentives, and some for treasury holdings. After the TGE, Patron NFTs will be converted to classic PFPs. In addition, Infinex will also launch a public sale on the ICO platform Sonar. On the first day of its launch, Infinex will be integrated into the Monad, MegaEth, and Fogo chains and will be compatible with all tokens and decentralized applications.

Analysis: Bitcoin Long-Term Holders have cumulatively sold approximately 2.57 million BTC since July, yet the price remains strong, indicating robust demand

On November 11th, Analyst Murphy stated in a post that by comparing the price distribution chart of Bitcoin's long-term holders, it can be observed that: from July 7th, 2025, to the present day, the total BTC held by long-term holders (LTH) has decreased by 363,000 coins. However, in actuality, their total distribution scale is significantly larger than this number. Due to the continuous inflow of new BTC, which after being held for a certain period becomes long-term chips, the decrease in old coins is numerically offset, resulting in the net reduction data not appearing to be so extreme. But according to our statistics, 「During this period, LTH has actually distributed a total of 2.57 million BTC, which means that 13% of the chip supply has been sold off in just 4 months.」 In terms of Bitcoin's price, since July 7th, 2025, to now, there has only been a $2,000 difference. Despite the market facing significant selling pressure, the price has no