Spot On Chain stated that out of 2.5 million TRB, approximately 1.7 million are on exchanges, and 660,000 are held by 20 whales (about 95% of the tokens). Over the past two months, whales have slowly been depositing their tokens into exchanges, creating a cycle of buying high and selling low to liquidate their holdings.Since most of the tokens are still in the hands of whales, they control the game. The price may experience a significant increase to clear short positions and hard selling to liquidate their holdings.