🚨 TRX Smacked Down: Shorts Crush Price Hours After U.S. Commerce Adoption

TRX scored a major milestone, being tapped by the U.S. Department of Commerce to support GDP data reporting — a move that should have been bullish fuel. But instead of soaring, the token faced an immediate selloff. Within hours, TRX dropped from $0.34 to $0.33 as short sellers piled in. Binance saw a surge in trading volume, open interest on OKX turned sharply negative, and Deribit funding rates flipped into the red. The market's message is clear: despite strong fundamentals, sentiment is leaning bearish. The disconnect between adoption news and price action has introduced fresh uncertainty — and today, it’s the bears steering the market.

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