Sun Yuchen's cryptocurrency holdings have been exposed by Bloomberg. Interestingly, among the holdings that claim a total market value of 10 billion, a staggering 7 billion consists of his own TRON (TRX) tokens, which is quite a stretch! 🤣
To put it bluntly, he relies on endless marketing hype, and since he doesn't sell his TRON tokens, he can maintain the coin's price and preserve his own value.
That said, under such circumstances, would you dare to buy TRON?
TRX: Holds over 60 billion tokens, accounting for about 63% of the total supply, and thus incurs a 75% liquidity risk discount.
BTC: About 17,000 tokens
ETH: About 224,000 tokens
USDT: About 700,000 tokens
HTX exchange equity: About 90% of HTX (formerly Huobi) equity, estimated to generate around 1.3 billion USD in revenue in 2024.
