Sun Yuchen-Associated Address Transfers 621071 XVS Held for Over 2 Years for the First Time, With Unrealized Loss of Approximately 75%

GateNews

2026-03-16 05:00:55

XVS3.39%

Gate News reports that on March 16, according to Ai Aunt monitoring, the address associated with Sun Yuchen withdrew 621,071 XVS tokens from a CEX two years ago (March 2024) at an average price of $12.21, worth $7.58 million. After holding for over two years, this address transferred all tokens to a new address for the first time, with the recipient address currently unknown. During the holding period, the XVS price dropped nearly 75%, with the current value around $1.95 million. Previously, Venus Protocol was targeted in an attack, drawing market attention.

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