Sun Yuchen made 300 million overnight? The 'divine operation' in the cryptocurrency world has been revealed!
The cryptocurrency world is never short of thrilling stories, and this time the protagonist is Sun Yuchen, the founder of TRON. His collateral position of 606,000 Ethereum (worth approximately 6.4 billion RMB) nearly faced liquidation, just two minutes away from clearing! At the critical moment, Sun Yuchen urgently added 300 million USD in stablecoins, successfully avoiding an 'epic liquidation'. Even more astonishing, after supplementing his position, he quickly bought the dip in Bitcoin and Ethereum, achieving a floating profit of up to 300 million RMB in one night!
According to reports, Sun Yuchen's Ethereum collateral position was nearly liquidated on the lending platform LiquityProtocol. At that time, the price of Ethereum plummeted to 1,850 USD, just two minutes away from triggering liquidation. Prompted by his internal team and friends in the cryptocurrency world, Sun Yuchen quickly added 300 million USD in stablecoins, successfully resolving the crisis. This operation not only avoided huge losses but also made him a 'market-saving hero' in the cryptocurrency world.
After the crisis was averted, Sun Yuchen did not stop. He quickly mobilized 1.8 billion RMB to buy the dip in Bitcoin and Ethereum, purchasing Bitcoin at an average price of 86,868 USD and Ethereum at 2,509 USD. As the market rebounded, Bitcoin rose to 92,000 USD and Ethereum climbed to 2,950 USD, resulting in a floating profit of 300 million RMB overnight from his buying dip funds! This series of operations can be described as 'divine operations'.
It is worth mentioning that the volatility in the cryptocurrency world is closely related to the statements made by Tesla CEO Elon Musk. From supporting Bitcoin to questioning its environmental issues, each of Musk's tweets can trigger intense market fluctuations. This phenomenon of 'one sentence determines the rise and fall' has led many investors to question the stability of the cryptocurrency market.
Although Sun Yuchen successfully resolved the crisis and made a fortune, the future of the cryptocurrency world remains full of uncertainty. Regulatory policies, market sentiment, and statements from industry giants can all affect the trends of cryptocurrencies.
Sun Yuchen's story once again proves that the cryptocurrency world is never short of opportunities, but opportunities only favor those who are prepared. If you also want to share in the cryptocurrency pie, feel free to follow me for the latest cutting-edge news every day.
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