James Richardson
Tron (TRX) has entered a fresh period of price turbulence following the launch of the World Liberty Financial (WLFI) token. On Sept. 1, TRX traded at $0.3364, marking a 1.8% daily decline, right as its founder Justin Sun expanded his partnership with former U.S. President Donald Trump’s crypto venture.
Sun confirmed that he had unlocked 20% of his WLFI allocation, valued at nearly $200 million. Data from blockchain analytics firm Arkham shows Sun now controls WLFI tokens worth $891.2 million. Despite concerns about profit-taking, Sun reassured investors, stating he has no immediate plans to sell.
Boosting USD1 on the Tron Blockchain
Alongside his WLFI announcement, Sun pledged to increase the circulation of USD1, World Liberty’s stablecoin, on the Tron network to $200 million. This move could enhance liquidity across the Tron ecosystem but also signals how deeply Sun is tying his blockchain’s future to Trump’s financial initiatives.
Heavy Investments Raise Questions
Sun’s large stake in Trump-related projects has drawn attention. In November 2024, he invested $30 million in WLFI, becoming its largest single backer. His ongoing support of Trump’s tokens, including WLFI and TRUMP, suggests a strategic shift in focus and capital allocation away from Tron’s native ecosystem.
Whale Profit-Taking Pressures TRX
Market unease is further amplified by recent whale activity on Tron. In early August, TRX saw $1.4 billion in realized profit in just one day, according to Glassnode. This event was the second-largest profit-taking day of 2025.
Most of these profits came from long-term whales holding TRX for 3–5 years, likely dating back to the 2021–2022 bull market. Their decision to cash out now has placed downward pressure on TRX, raising doubts about the token’s short-term price resilience.
