Binance recorded a net inflow of 79.8 million TRX on October 1, the largest daily inflow in 99 days. Total deposits reached 136.9 million TRX, or 3.1 times the 30-day daily average of 44.4 million TRX. Netflow—the difference between tokens deposited to and withdrawn from an exchange—is a standard on-chain measure for observing how assets move through major trading venues.

TRX closed October 1 at $0.33, down 0.79%. The inflow spike occurred one day before the October 2 nonfarm payrolls (NFP) release, a monthly US labor-market report that ranks among the most closely watched inputs into expectations for interest rates. According to the dataset covering June 27 through October 3, no scheduled macroeconomic event took place on October 1.

One Day Accounts for the Weekly Net Inflow

Binance’s seven-day TRX netflow stood at positive 75.3 million TRX, compared with negative 25.9 million TRX during the previous seven-day period. However, the October 1 inflow alone was larger than the entire weekly total.

The other six days combined for net outflows of 4.5 million TRX. Over 14 days, the netflow was positive 49.4 million TRX, but it turned negative at 30.4 million TRX when October 1 was excluded. This indicates that the single-day spike accounted for the full weekly reading rather than reflecting a sustained inflow trend.

Cumulative netflow reached 37.7 million TRX on October 1 before declining to 35.4 million TRX by October 3.

CryptoQuant data

Netflow Shows No Clear Relationship With Later Returns

Across the 99-day sample, Binance TRX netflow had a rank correlation of positive 0.62 with same-day returns. The correlation was negative 0.05 for next-day returns and positive 0.19 for returns two days later. Only the same-day reading showed a notable relationship, while the subsequent readings did not indicate a clear predictive link.

TRX moved just negative 0.04% on NFP day despite the deposit spike on the previous day. The latest inflation figures included in the dataset showed August consumer price index (CPI) inflation at 3.4% year over year, core CPI at 2.4%, and producer price index (PPI) inflation at 5.4% year over year.

Positioning ahead of the NFP release by several large depositors was identified as one possible explanation, but it remains unverified. Additional sessions are needed to determine whether Binance’s TRX netflow trend continues or whether the October 1 activity was an isolated transfer.

The dataset marked 17 days as network-unclean, leaving network-side metrics blank for those sessions. All of the most recent 14 days passed the network check. Two of the past 30 days were flagged for whale outliers.

TRX Price Action and Technical Levels

TRX, the native token of the Tron network, was trading at $0.3357, according to the market data. The token was up 0.10% over 24 hours and 0.46% over seven days, while 24-hour trading volume stood at $201,739,711. The price therefore remained near the middle of the reported range.

Crypto With Gopal discussed TRX’s four-hour chart in an October 3 post on X, describing the token as consolidating within a rectangle pattern near $0.335. The analyst identified resistance near $0.35 and support around $0.322.

$TRX is consolidating inside a clear Rectangle pattern on the 4H chart Price is around $0.335, with strong resistance near $0.35 and support around $0.322. The range has held for weeks, showing a clear battle between buyers and sellers. A breakout above $0.35 could open… pic.twitter.com/w5cYrexGwR — Crypto With Gopal (@cryptowithgopal) October 3, 2026

The post said the range had held for weeks. It stated that a move above $0.35 could open an upside target near $0.38, while a break below $0.322 could shift attention toward $0.29. The post labeled the setup “breakout watch.” The X post is available at https://x.com/cryptowithgopal/status/2106269954039583092?ref_src=twsrc%5Etfw.

Original report: https://blockonomi.com/binance-trx-inflow-surges-to-136-9m-as-price-holds-near-0-335/