Wu learned that Justin Sun responded to rumors of his position being forcibly liquidated, stating that he rarely engages in leveraged trading strategies. According to Spot On $Chain monitoring, with today's Ethereum plummeting by 20%, Sun's investment portfolio lost approximately 280 million US dollars. Since February 8, 2024, he purchased 377,590 Ethereum through three wallets, estimated at a cost of 1.15 billion US dollars, with an average purchase price of 3,051 US dollars.