Justin Sun Reveals 80% to 90% Ethereum Sale, Shifts Into US Tech Stocks
TRON founder Justin Sun revealed on October 17, 2026, that he sold approximately 80% to 90% of his actively managed Ethereum holdings. He redirected most of the proceeds into US stocks, particularly technology companies. Sun said the ETH sales occurred mainly between November and December 2025, when Ethereum traded between $3,600 and $4,000. He retains a smaller core ETH position and has not repurchased the cryptocurrency.
Sun attributed his decision to concerns about Ethereum’s price structure. He identified a potential double-top pattern after ETH approached $4,800, followed by another rally supported by institutional demand. Meanwhile, he maintained his Bitcoin holdings, describing BTC as a core investment rather than a speculative position. His comments suggest a different approach to managing exposure across major cryptocurrencies.
The proceeds reportedly supported substantial investments in Nvidia and Nasdaq-100 exposure. Sun considers Nvidia a significant artificial intelligence investment but remains cautious about the Nasdaq’s medium-term outlook. He cited concentrated capital flows and elevated borrowing costs as potential risks. However, he has maintained his equity positions without opening short trades. Sun did not disclose the total value of his Ethereum sales or stock purchases.
Why it matters
Sun's portfolio shift highlights how major cryptocurrency investors are diversifying into traditional equities. His disclosure could influence discussions about Ethereum's investment outlook and the growing connection between crypto capital and artificial intelligence stocks.
