Currently, Tron founder and Trump business partner Justin Sun holds WLFI tokens worth $891.2 million.
Summary
- Tron founder Justin Sun claimed almost $200 million in WLFI tokens
- Currently, Sun holds $891.2 million WLFI tokens
- Trump and his family have extensive business ties with Sun
TRX crypto is facing renewed volatility amid the public release of the World Liberty Financial (WLFI) token. On Monday, Sept. 1, Tron (TRX) was trading at $0.3364, down 1.8% from the prior day. This performance coincided with Tron founder Justin Sun deepening his business ties to Trump’s crypto venture.
Notably, Justin Sun revealed that he claimed his 20% unlock of WLFI, a sum worth almost $200 million. According to blockchain analytics firm Arkham, Sun now holds WLFI tokens worth $891.2 million. Moreover, Sun claims that he will not sell his stake “anytime soon.”
Excited to share my thoughts on $WLFI — I truly believe this will be one of the biggest and most important projects in crypto. 🦅
We have no plans to sell our unlocked tokens anytime soon. The long-term vision here is too powerful, and I’m fully aligned with the mission.…
— H.E. Justin Sun 👨🚀 (Astronaut Version) (@justinsuntron) September 1, 2025
While Sun’s close association with Trump could be good for TRX, in the same announcement Sun also committed to increasing the circulation of the WLFI stablecoin USD1 on the Tron blockchain to $200 million.
Still, Sun’s extensive investments in Trump’s various business ventures also raise eyebrows. In November, Justin Sun invested $30 million in the WLFI, which made him the largest single backer. The stream of investments in Trump’s memecoin (TRUMP) and now the WLFI token may indicate a shift in focus and capital away from Tron’s ecosystem.
Tron sees a major wave of whale selling
These concerns are compounded by a wave of whale profit-taking earlier last month. Notably, on August %, Tron recorded $1.4 billion in realized profit in a single day. According to Glassnode, this was the second-largest profit event year to date.
$TRX just recorded $1.4B in realized profit in a single day – the second-largest profit event YTD.
Net Unrealized PnL is in Optimism/Anxiety territory, and SOPR > 1 confirms profit is being taken into strength.
But who’s taking profit raises eyebrows 👇 pic.twitter.com/k3XHWoogU6— glassnode (@glassnode) August 5, 2025
Moreover, the majority of these realized profits were made by whales who held TRX for 3-5 years. This suggests that whales who participated in the 2021-2022 bullish wave are now cashing out. Such an environment has the potential to put pressure on Tron’s price in the near future.
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