The turmoil surrounding Sun Yuchen and the $WLFI token is causing a stir in the crypto community. However, if one only focuses on headlines like "Brother Sun selling off and crashing the price" and "being targeted by Trump's team", one might fall into the narrative traps carefully woven by certain individuals. We can't help but ask: why do some people rush to blame individuals while refusing to examine the data and logic? In this chaotic battle of public opinion, who is the real beneficiary?

1. On-chain data speaks: restoring the overlooked truth

The core of all accusations points to "Sun Yuchen's sale of WLFI causing the price to plummet." But the revolutionary aspect of blockchain lies in its public, transparent, and immutable transaction records. Upon careful examination of the on-chain data, you will discover another story:

The timing of the price drop actually occurred several hours before Sun Yuchen's address showed any activity; the main selling pressure came from other mainstream exchanges, not from his involvement with HTX; the so-called 'sell-off' was actually a small deposit test and address dispersion, totaling about 9 million USD, and did not enter the exchange's selling path.

More critically, his publicly held WLFI position exceeds 600 million USD, and this 9 million USD accounts for only 1.5% of his holdings—whether in terms of motivation or scale, it is hard to constitute the claim of 'crashing the market.' Data does not lie; the on-chain trajectory clearly restores the details obscured by public opinion.

Two, the underestimated layout: Sun Yuchen is not just an investor.

Many people overlook that Sun Yuchen is not only an early investor in WLFI but also an important promoter of its ecosystem. He has invested over 75 million USD and publicly supported WLFI and Trump-related memecoin projects multiple times; he has also promoted the issuance and circulation of Trump-themed tokens (such as TRUMP coin and USD1 stablecoin) on the TRON chain, significantly enhancing the influence and liquidity of these assets.

His participation is by no means a simple 'speculation,' but a deep binding from capital, technology to ecology—this layer of value has been deliberately downplayed in the current chaotic public opinion.

Three, behind the public opinion war: who is deliberately guiding the direction?

Currently, the public opinion arena is filled with manipulative rhetoric and emotional agitation. There is evidence showing the existence of organized black public relations: hiring KOLs at a price of 50-100 USD per post to spread one-sided information and create opposing emotions.

Their purpose is very clear: to shift the price volatility and governance issues of WLFI onto Sun Yuchen, this 'external supporter,' in order to cover up real contradictions and protect the early internal interest groups.

More deeply, Sun Yuchen's close cooperation with the Trump family has touched the interests of many competitors. This cross-border influence will inevitably attract the triple concerns of traditional financial forces, other crypto camps, and even political opponents—this storm may not be as simple as 'personal grudges.'

Four, the potential of WLFI: the true value obscured by noise.

Putting aside the noise of public opinion, WLFI itself is an innovative attempt: combining traditional political IP with cryptocurrency asset mechanisms, attracting public participation through tokenized funds. It is backed by the tremendous appeal of the Trump brand and the basic support of American conservative voters—this combination, though novel, may become a hub connecting political resources, fan economy, and crypto finance.

And Sun Yuchen's participation undoubtedly accelerated this process. What he brings is not only capital and liquidity, but also a global-level trading platform, user community, and development ecosystem—this is the true meaning of his support.

Is this storm a 'relationship rift' or a deliberate manipulation of public opinion? As time goes on, the answer may gradually become clear in the on-chain data and market logic.

I am Li Kui, follow me to learn about new information in the cryptocurrency circle.#美联储降息预期 #WLFI