What is established: the TRX price stands at $0.3097 on November 1, below the level of about $0.33 that the market showed before the attack on Binance on October 29. In its version of October 31, the analytics firm Elliptic still attributes about 475 million TRX to the attacker. Our assessment follows further down: for the price, this known stash weighs more heavily than any level on the daily chart.
The case is interesting for holders in Germany because, unusually, it is known who is selling and how much is left. In most price moves the other side remains anonymous. On the Tron blockchain, by contrast, the stash can be followed address by address.
Tron falls below its level before the attack on Binance
Tron costs $0.3097 on November 1, according to CoinGecko data. The daily high was $0.3278, the daily low $0.3017, and trading volume $1.39 billion. With a market value of $29.43 billion, TRX remains number eight in the market.
How large the decline over 24 hours is depends on the time window and the data provider. CoinGecko shows a drop of 4.97 percent at that point. Invezz, citing CoinPaprika, gives 7.0 percent for Satur...
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