Data: "Three years ago, a warehouse was established for SUN smart money." The address may be related to Sun Yuchen or the Tron Foundation and still holds 6.25 million SUN

According to on-chain analyst @ai_9684xtpa, the "smart money" that built a position in SUN three years ago may be associated with Sun Yuchen or the Tron Foundation. Transaction records from 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.

After selling $1.18 million worth of SUN on-chain yesterday afternoon, this address has sold another $1.68 million worth of tokens in the past four hours. Since yesterday's sell-off, the price of SUN has fallen by 18.4%; currently, this address still holds 6.25 million SUNs, valued at $1.03 million.