Shocking! 💥💥💥

Sun Yuchen spent 1.4 billion US dollars to build a heavy position in ETH. He built positions four times, three of which rose and one remained stable. The tycoon in the currency circle showed his magic again!

According to senior blockchain analyst @ai_9684xtpa, the five addresses of suspected cryptocurrency tycoon Sun Yuchen accumulated a total of 405,437 Ethereum (ETH) from December 2023 to June 2024, with a total value of an astonishing 1.42 billion US dollars and an average cost of about 3010 US dollars. In these four positions, the price of ETH rose three times, with an overall winning rate of 75%, of which the average increase at the end of 2023 and February 2024 reached 15%. Sun Yuchen's operation once again proved his deep strength and unique vision in the cryptocurrency market, which attracted widespread attention in the currency circle. Although there is no direct correlation between the purchase scale and the rise and fall of ETH, Sun Yuchen seems to have become a firm bull of ETH and prefers the strategy of "holding coins for rise". Its large purchases did not have a direct impact on ETH's daily chart, showing Ethereum's extremely high market liquidity and stability.