According to Foresight News, according to the monitoring of on-chain analyst @ai_9684xtpa, "smart money that built a position in SUN three years ago" may be an address associated with Justin Sun or the TRON Foundation. On-chain transaction records from three years ago show that more than 20 addresses that had financial transactions with him were marked by Arkham as addresses associated with Justin Sun.

Following the sale of $1.18 million worth of SUN on-chain yesterday afternoon, the address has dumped another $1.68 million worth of tokens in the past 4 hours. The address currently still holds 6.25 million SUN, worth $1.03 million.