
Post
EGCTRADE
Sun Guang is now beset by internal and external troubles, relying on TRX to survive. Huobi is currently no longer profitable and is even operating at a loss.
Sun Yuchen's wealth is mostly tied up in TRX. TRX tokens are highly concentrated, and Sun Yuchen's related holdings account for a large proportion. If a large-scale sell-off occurs, liquidity may not hold up.
If the collateral structure of USDD loses market confidence in the collateral assets, the decline of TRX and the stablecoin risk may
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$73,814.4+0.01%
ETH/USDTEthereum
$2,053.75+0.01%
SOL/USDTSolana
$84.43+0.03%
Today’s market buzz
1#After the US October CPI exceeded expectations, AI stocks and crypto trends diverged

2#Goldman Sachs predicts Anthropic's revenue will exceed $600 billion by 2030


3#NebiusAI cloud business rapid growth faces earnings report test