TronDAO transferred more than 8.7 billion TRX to unknown wallets, raising concerns in the crypto community. These sudden and large-scale transfers raised fears of a possible sell-off, especially considering that no official statement was made explaining the motive.

The blockchain monitoring service Whale Alert noted at least 10 separate transactions involving 8,777,561,962 TRX. One extremely large transfer included 990 million TRX, amounting to about $267.6 million. Even with such a number of transactions, transaction fees remained low at 19.36 TRX, demonstrating how efficiently the network operates.
The lack of news from TronDAO has raised many questions and discussions in trading and analytical circles. Some believe that these movements may be related to internal liquidity restructuring or a strategic portfolio shift. Others fear that this could signal incoming market pressure from a sell-off, given the timing and scale.

Data from IntoTheBlock shows a 45 percent increase in large TRX transactions over the past 24 hours. These movements, now valued at more than $215 million, reflect increased activity in major wallets.
Large blockchain ecosystems often see these trends, and they can cause price fluctuations without a clear reason. At the time of writing, TRX is still trading at $0.2685 without significant growth after briefly dropping to $0.2676.
The market remains cautious, although the daily trading volume has increased by 2.2 percent. While it shows some new demand, it minimally addresses the underlying issues that need to be faced.

There are concerns about the future impact of this on the overall sentiment towards Tron. The pressure on the token's performance has increased recently, and unclear trading from whales may lead to a loss of investor confidence.

Until TronDAO clarifies the purpose of these transfers, market uncertainty should persist. The timing, size, and anonymity of the transactions have only heightened fears of a potential decline, placing TRX in a delicate position amid broader market consolidation.

$TRX , $ETH , $SOL

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based on the materials of the portal - By 36crypto