Digital Currency

Add as a preferred source on Google

TRON (TRX) Holds a 5.24% Daily Gain After Binance's Hourly Drop

At 6:55 p.m. ET (22:55 UTC), Binance's spot pair for TRON (TRX) and Tether (USDT) was $0.3483; liquidations across three exchanges totaled $370,000 in shorts and $360,000 in longs.

Updated 1 min read
An editorial graphic separates hourly and 24-hour price readings around a cryptocurrency token. / TokenPost.ai
An editorial graphic separates hourly and 24-hour price readings around a cryptocurrency token. / TokenPost.ai

CoinGecko and exchange spot data showed TRON (TRX) at $0.3475 at 23:05 UTC Thursday, up 5.24% over 24 hours after an earlier Binance spot quote dropped 3.14% in one hour.

At 6:55 p.m. ET (22:55 UTC), Binance's spot pair for TRON (TRX) and Tether (USDT) was $0.3483, down 3.14% from $0.3596 an hour earlier. TRX's 24-hour gain at that observation was 5.55%. The 3.14% figure tracks Binance's price over one hour, while 5.55% and 5.24% describe separate rolling 24-hour readings.

Liquidations across Binance, Bybit and OKX totaled $370,000 in short positions and $360,000 in long positions during the same hour.

An earlier EconoTimes market update recorded TRX at $0.3520 at 6:17 p.m. ET (22:17 UTC), up 6.84% over 24 hours after a Binance hourly increase of 8.33% to $0.359. CoinGecko and exchange spot data had put TRX at $0.3449, up 5.29%, at 5:46 p.m. ET Thursday.

Related articles

View all