Talking about the "figures" in the crypto world, you can't help but mention this brother. His story is a perfect blend of genius and controversy, and behind the nickname "Sun割" lies the blood and tears lesson of the entire market.

First, regarding talent, there's no doubt. Born in 1990, admitted to Peking University with exceptional scores in 2007, studied abroad in the U.S. in 2011. Just looking at this resume already surpasses most people. But what truly made him famous was his operations in the crypto space. In 2012, he bought a large amount of Bitcoin, earning 10 million yuan in less than a year. At that time, he was still just a young investor, not yet the controversial "Sun割" he later became.

The turning point came. In 2015, he was selected for the first batch of Hupan University, the only post-90s student, and became a young disciple of Jack Ma. In 2017, he founded Tron, which once became one of the world's three major public chains. But problems also started to surface—it's said that Tron’s code had suspected plagiarism issues. Regardless, he accumulated enormous wealth through Tron.

Then came the operation that earned him the nickname "Sun割." In 2018, he sold 6 billion TRX at a high point, making a profit of 12 billion yuan overnight. The rhythm of this operation was very clear: first hype up the market, wait until market sentiment soared and retail investors followed in, then start dumping all holdings. Complete the harvest. That’s how the nickname "Sun割" originated.

Afterward, he continued to expand his influence in the crypto space. Became one of Ethereum’s largest private holders, with assets growing from 10 million to 10 billion yuan. In 2019, during the famous Buffett lunch event, he bid 30 million yuan but repeatedly missed the appointment, causing a global stir. Riding this wave of hype, he also cashed out over 100 million yuan worth of TRX, successfully stepping out of the circle. His marketing instinct is indeed sharp.

By 2022, to evade sanctions, he spent $1 million to buy Grenada citizenship, becoming a diplomatic ambassador and government official in the region, gaining diplomatic immunity. At just 33 years old, he had completed a full transformation from a genius youth to a controversial figure.

So now you can understand why the market reacts coldly whenever he makes a move. It’s not that the market doesn’t buy it, but that it has already seen through his tricks. Every time he hyped up the market, he followed the same pattern: create hype, attract FOMO-driven retail investors, dump at high prices, and complete the harvest. For retail investors in crypto, "Sun割" is no longer just a name but a warning—warning those driven by FOMO.

It must be admitted that his operations in the crypto space are indeed very genius, but this kind of genius is a disaster for retail investors. Once trust is lost, no matter how many stories there are, it’s hard to rebuild market confidence. That’s why whenever there’s news about him, the crypto community collectively remains cautious.