Sun stated that the rumours about his positions being liquidated are false

Sun Yuchen tweeted that the rumors about his positions being liquidated are false. He emphasized that his team rarely participates in leveraged trading strategies because they believe such trades do not greatly benefit the industry. They prefer to engage in activities that provide greater support for the industry and entrepreneurs, such as pledging, running nodes, participating in projects, helping project teams provide liquidity and offering Total Value Locked (TVL) services.