Trump even betrayed his most trusted partner Musk, let alone Sun Yuchen.
加密森林8
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The cryptocurrency world is in turmoil overnight! The Trump family 'counterattacks' Sun Yuchen, locking up 3.5 billion in assets in an instant
The cryptocurrency world was completely boiling last night! A move by Eric Trump, the second son of Trump, shocked the entire internet—within just 5 minutes, he deleted all photos with Sun Yuchen and simultaneously unfollowed him on social media, making their 'falling out' a confirmed fact.
Even harsher than deleting photos is the 'asset strangulation': institutions associated with the Trump family directly froze Sun Yuchen's two core wallets, locking up 1.42 billion WLFI. Based on the market price at the time, this asset was worth as much as 3.5 billion RMB, almost equivalent to locking up half of Sun Yuchen's fortune!
Who could have predicted that just 48 hours ago, they were still in a 'honeymoon phase'—at a Miami dinner, Eric and Sun Yuchen were prominently toasting together, and Eric publicly stated that 'Mr. Sun is an important partner.' Many retail investors rushed in, betting that WLFI would rise due to celebrity hype, but on the 16th, WLFI first dropped by 16%, and on the 17th, it directly encountered a 'delete photos - unfollow - freeze' triple whammy, with the plot twist being more thrilling than a suspense drama.
Now there is a lot of speculation within the community: why did the Trump family suddenly 'act ruthlessly'? Some insiders revealed that Sun Yuchen privately sold 800 million WLFI, took the profits, and then crashed the market, completely angering the other side; others analyze that they were afraid of being investigated by the U.S. SEC (Securities and Exchange Commission) and rushed to cut ties to protect the campaign. Regardless of the truth, Sun Yuchen has already suffered a 'blood loss': 3.5 billion in assets are immobilized, cooperation has completely collapsed, and even the related token TRX has plummeted by 7%.
Ultimately, the interactions among celebrities in the cryptocurrency world have always been a 'high-risk game'—in the past, when celebrities endorsed products and collaborated with big shots, most of the time, retail investors ended up as 'the ones left holding the bag.' This WLFI incident is far from over, and some even suspect: could this be a 'publicity stunt' orchestrated by the Trump family and Sun Yuchen together?
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$SOL Square is now filled with recommendations and some deceptive articles that encourage following, it's no longer interesting, and there are no individual players posting articles.
Trump's campaign boasted about the cryptocurrency industry, but none of it was realized, instead leading to constant fluctuations in the crypto market. If I had known this would happen, I wouldn't have supported him from the start. I truly hope that one bullet could have taken him out.
If Bitcoin drops by 30%, BlackRock estimates it will go bankrupt and liquidate; this left foot stepping on the right foot will eventually lead to bankruptcy.
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$BTC This wave of air force is too weak, too disappointing, just like men, it's the saddest when they can't get hard. If this doesn't come down, then let the surrender allow the enemy to keep pushing forward.