$TRX | Continuously Accumulating for 252 Days
Justin Sun said that Tron Inc. has been buying $TRX for 252 consecutive days, with total holdings exceeding 716.8 million tokens. The holdings disclosed at the end of August were still around 711.9 million; in less than a month, another batch has been added.
The composition of on-chain addresses also reveals the company’s holding habits: part of the tokens are kept in wallets as native assets, while a larger proportion is converted into a staked form, without rushing to cash out.
$TRX is currently trading around $0.333, with a slight drop over the past 24 hours.
The approach of using a blockchain’s native tokens to strengthen the company’s reserves is spreading from $BTC to other networks. In addition to transfer volume, who holds the tokens long-term and in what form they’re held have also become data that can be publicly verified.
#TRX
Justin Sun said that Tron Inc. has been buying $TRX for 252 consecutive days, with total holdings exceeding 716.8 million tokens. The holdings disclosed at the end of August were still around 711.9 million; in less than a month, another batch has been added.
The composition of on-chain addresses also reveals the company’s holding habits: part of the tokens are kept in wallets as native assets, while a larger proportion is converted into a staked form, without rushing to cash out.
$TRX is currently trading around $0.333, with a slight drop over the past 24 hours.
The approach of using a blockchain’s native tokens to strengthen the company’s reserves is spreading from $BTC to other networks. In addition to transfer volume, who holds the tokens long-term and in what form they’re held have also become data that can be publicly verified.
#TRX
