Tron DAO Tries to Thwart Short Sellers With Mass TRX Withdrawal

Tron DAO Tries to Thwart Short Sellers With Mass TRX Withdrawal

Reading Time: 2 minutes The Tron DAO has withdrawn 2.5 billion TRX tokens from Binance in order to thwart short sellers TRX was being actively shorted on Binance, which was causing the USDD dollar peg to falter The reduced ammunition has allowed the price of TRX and USDD to recover a little The Tron DAO has attempted to shore up the USDD peg by withdrawing 2.5 billion TRX tokens from Binance…
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