The anonymous trader’s Sun Wukong holdings surged to $750,000 at its peak, but he hasn’t sold a single token yet.
An anonymous trader on the Tron network turned an initial bid of $1,000 into over $750,000, trading a new Tron-based memecoin called SunWukong.
In an Aug. 21 post to X, blockchain data platform Arkham Intelligence shared that the trader purchased 43.8 million SUNWUKONG tokens for an initial price of $997.
The value of the SunWukong memecoin ballooned following a move from Tron founder Justin Sun to change his profile picture on X to an image of Sun Wukong — a character from a newly released Chinese folklore-based video game Black Myth: Wukong.
