TRON price steadies as Binance-linked TRX flows stay in focus
Published on 11/02/2026 at 18:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSWhat TRX Traders Are Watching
- TRX was quoted at 0.3157 USD at 09:21 UTC on November 2, 2026, according to EconoTimes.
- The quote was 0.87 percent above CoinGecko's November 1 UTC close of 0.312977 USD, while the reported 1.72 percent move covered a rolling 24-hour period.
- Analysts are watching transfers linked to the October 29 Binance breach, including a reported 120 million TRX movement.
The TRON price was quoted at 0.3157 USD at 09:21 UTC on November 2, according to EconoTimes. That was 0.87 percent above the November 1 UTC close of 0.312977 USD reported in CoinGecko's historical data. EconoTimes also reported a 1.72 percent gain, but that figure covered a rolling 24-hour period ending at a different time and is not the UTC day-on-day change.
Binance-linked flows remain central
Market attention remains focused on the October 29 breach of Binance hot wallets. Invezz, citing TRM Labs and Bitquery, reported that attackers removed 612.7 million USDT and 46.4 million TRX from a Binance wallet on the Tron network. The report said about 234 million USDT was exchanged for TRX through SunSwap, while Tether froze some USDT associated with the attackers.
That distinction matters for holders: USDT can be frozen by its issuer, whereas TRX is the network's native token and cannot be frozen by a central issuer. The resulting flow does not by itself establish a protocol problem, but it can add uncertainty about potential selling and exchange-monitoring measures.
Large transfer raises supply concerns
A separate report by Crypto Briefing said that a wallet linked to the breach moved 120 million TRX to an unknown address on October 31. The transfer is a tracked on-chain event, not proof that the tokens were sold. Investors therefore need to distinguish movement between wallets from confirmed market liquidation.
For now, the TRON price remains close to the 0.31 USD area, with the latest verified reading below 0.32 USD. The immediate market question is whether additional attacker-linked balances reach exchanges or decentralized venues. That is a risk-monitoring issue rather than a confirmed forecast for TRX.
More background and future TRX coverage can be found on the TRON topic page.
