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The address of "Jiancang SUN Smart Money three years ago" may be the address associated with Sun Yuchen or Tron Foundation, and still holds 6.25 million SUN

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2024-08-26 02:00:24
According to on-chain analyst @ai_9684xtpa, "the smart money that established a position in SUN three years ago" may be associated with Sun Yuchen or the Tron Foundation. Transaction records three years ago show that more than 20 addresses that have had financial transactions with it have been marked by Arkham as Sun Yuchen associated addresses.
Following the sale of $1.18 million worth of SUN on the chain yesterday afternoon, the address dumped another $1.68 million of tokens in the last four hours.
Since yesterday's sell-off, the price of SUN has fallen by 18.4%; the address still holds 6.25 million SUN, worth 1.03 million dollars.
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