The Binance hacker is now a big $TRX holder.
Tether can freeze USDT, nobody can freeze TRX, so they swapped ~$234M of stolen USDT into TRX (Bitquery). Now $TRX is -7% on fear of a dump.
My take: until that bag moves, every bounce is capped.
What would it take for you to buy TRX here?
#BinancePick #Write2Earn #TRX
Tether can freeze USDT, nobody can freeze TRX, so they swapped ~$234M of stolen USDT into TRX (Bitquery). Now $TRX is -7% on fear of a dump.
My take: until that bag moves, every bounce is capped.
What would it take for you to buy TRX here?
#BinancePick #Write2Earn #TRX