There is no evidence to suggest that Sukuna from Jujutsu Kaisen is based on a real story. It is a fictional character created within the context of the anime and manga's fictional universe.
Sukuna does die in the manga. The way it happens is quite dramatic and ties in with many other elements of the story, adding depth and tension to the overall narrative.
No. Ryomen Sukuna is a fictional character from Japanese mythology and modern manga/anime. He doesn't have a basis in a true historical event or person.
Nope. Ryomen Sukuna has no basis in reality. It's a product of the creative minds of the writers and illustrators who designed a captivating fictional character for the enjoyment of the audience.
It could be other elements from Japanese folklore. There are many supernatural beings and concepts in Japanese mythology that might have influenced his creation.