Tron (TRX) faces significant selling pressure after breaching a crucial support level. On July 20, 100 million TRX, valued at 32.44 million USD, was transferred to Binance, possibly indicating a sell-off.
Following this, TRX saw a price drop of 1.85%, currently trading around 0.32 USD. Concurrently, an outflow of 22.45 million USD from exchanges hints at accumulation, suggesting buyers are taking advantage of the market conditions.
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