TRON, which has increased by 16% in the last 24 hours, was traded at $ 0.236 at the time of writing. This rise helped TRON’s market cap reach $20.4 billion, marking the asset’s all-time high market cap.

Additionally, TRX’s daily trading volume doubled to $2.3 billion. This increase in TRON price was not only driven by market momentum but also by the strengthening of whale activity around the asset.

According to data provided by IntoTheBlock, the number of large TRX transactions worth $100,000 increased from 244 to 722 on Monday, December 2. The total value of these transactions reached 432 million dollars.

While large transactions attract attention among TRON’s investors, such large purchases often create FOMO (fear of missing out) among market participants, which increases buying pressure. TRON’s major investors made a noticeable impact on the market by accumulating more than 76 million TRX on December 2.

Such whale activity increases the likelihood of a short-term price increase for TRX. However, increased trading volume and whale activity can also increase price volatility.

High volatility can create a risky situation, especially for retail investors, as such market conditions can lead investors to change their decisions quickly. Therefore, TRX’s short-term price movements present both opportunities and risks.

Net inflows on the TRON exchange also showed a significant change. Between November 30 and December 2, the net outflow on TRON exchanges changed from 104 million TRX to a net inflow of 81 million TRX. This sudden change shows that investors are preparing to make short-term profits.

Such sudden buying and selling movements by whales can create uncertainty among retail investors, which can lead to selling pressure. If whales sell TRX in any way, this could have a negative impact on the market.

Another notable indicator is that TRON’s Relative Strength Index (RSI) is above the 70 level. The RSI is an indicator that measures overbought or oversold conditions of an asset, and above 70 indicates that the asset is overbought.

This could mean that TRON’s current price is slightly overvalued in the short term. This may warn investors to be cautious and warn of the possibility that the price may correct before rising further.

In summary, while TRON’s market value and price are increasing with big whale activities, an environment has emerged where risks in the short term increase with the increase in volatility.

It is important for investors to pay attention to TRON’s short-term price movements and be prepared for a possible correction. Whale activities and increases in transaction volume create a market environment with more opportunities and risks for TRON.