Justin Sun sells most of his ETH and moves into US stocks

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Justin Sun, founder of TRON, sold between 80 and 90 percent of his aggressive ETH positions in the $3,600 to $4,000 price range. He reinvested the proceeds into US equities, primarily NVIDIA and the Nasdaq 100 index, with no exposure to Chinese A-shares. He now holds only 20 percent of his original ETH as a base asset, with no plans to repurchase. His BTC holdings remain unchanged and are stored in cold wallets due to concerns about quantum computing and AI algorithms. Prior to his public disclosures, on-chain data indicated his total holdings exceeded $2.25 billion.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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