- Justin Sun claimed a $200M WLFI unlock, raising his total holdings to nearly $900M.
- TRON whales cashed out $1.4B in profits last month, mostly long-term holders.
- Focus on WLFI and Trump-linked ventures risks pulling attention away from TRX’s ecosystem.
Tron (TRX) is back in the spotlight, and not entirely for the reasons long-term holders might like. On Sept. 1, TRX slipped to $0.3364, down nearly 2% on the day, just as founder Justin Sun took center stage with his latest involvement in World Liberty Financial (WLFI). The timing hasn’t gone unnoticed, with traders debating whether Sun’s focus on Trump-linked ventures is overshadowing Tron itself.
Sun’s WLFI Holdings and Stablecoin Push
Sun revealed he had claimed his 20% WLFI unlock — worth close to $200 million. Blockchain tracker Arkham estimates his total WLFI stash at around $891 million, making him one of the most influential players in the new ecosystem. Sun insists he has no plans to sell “anytime soon,” but his growing financial footprint in WLFI is sparking speculation.
Alongside this, Sun pledged to expand the supply of WLFI’s stablecoin, USD1, on the Tron blockchain up to $200 million. While this strengthens Tron’s role in WLFI’s infrastructure, it also raises a lingering question — is capital and attention drifting away from TRX’s core ecosystem and into Trump’s crypto empire?
Whale Profit-Taking Clouds TRX Outlook
Adding pressure, whales have been quietly unloading. On August 5, Tron recorded a staggering $1.4 billion in realized profit in just 24 hours, the second-biggest event this year, according to Glassnode. Most of these sellers weren’t short-term speculators but wallets holding TRX for 3–5 years, cashing out profits from the last major bull cycle.
This combination of whale exits and Sun’s heavy exposure to external projects could weigh on Tron’s price in the near term. For now, the $0.33 support holds, but sentiment is mixed. Bulls argue Sun’s political ties might open new doors for adoption, while skeptics worry TRX could end up sidelined as WLFI grows.