Did Sun Yuchen spend 20 million dollars to buy a Trump electronic watch? The crypto dinner turned into an expensive trap, and on-chain data reveals the truth of the blood loss.
Sun Yuchen spent 20 million dollars hoarding 'Trump coins' just to have a meal with the old man! As a result, he showed up for 47 minutes, then left, without mentioning a word about crypto policy. He just handed everyone an electronic watch (engraved with 'Make Crypto Great Again'). Brother Sun's carefully prepared 'blockchain governance plan' never got the chance to be revealed, pure foolishness!
How money goes down the drain
Brother Sun has 1.43 million coins in hand, bought at an average of 38 dollars each, now dropped to 14 dollars, losing 90 million RMB on paper alone! This doesn't even account for the 8 million dollars he secretly funneled to the exchange to support the market, similar to plugging a leaking boat.
