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Tron Jumps 8.33% in an Hour to $0.359 Amid $940,000 in Short Liquidations

TRX was up 8.95% over 24 hours; $940,000 in short positions and $150,000 in long positions were liquidated across three exchanges in the same hour.

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An unlettered token tilts upward beside snapped metal links / TokenPost.ai
An unlettered token tilts upward beside snapped metal links / TokenPost.ai

Tron (TRX) was at $0.359 at 6:05 p.m. ET Thursday (22:05 UTC), up 8.33% over the previous hour. The same pair was at $0.3314 an hour earlier.

TRX also gained 8.95% over the 24 hours ending at that observation. Both percentage changes use the $0.359 reading as their endpoint; the hourly comparison uses the Binance spot price from one hour earlier.

Liquidations tracked across Binance, Bybit and OKX totaled $940,000 for short positions and $150,000 for long positions during the same hour. Short liquidations exceeded long liquidations in dollar terms over that interval.

Tron ranked No. 8 by market capitalization at approximately $32.79661 billion. The price figures come from Binance's spot market, while the liquidation totals aggregate activity across the three exchanges.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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