Justin Sun has quietly done something many crypto founders would never say out loud. He sold most of his Ethereum and bought US stocks.

In a lengthy interview on October 17, 2026, the TRON founder said he had cut nearly 80-90% of his aggressive ETH positions. Most of that selling happened in the $3,600-$4,000 range. The proceeds went mainly into US equities, with a heavy tilt toward technology.

Start with the Ethereum. Sun said he now holds just 20% of his original ETH as what he calls a base asset.

He also said he has no plans to buy back what he sold.

His framing explains the decision. Sun views ETH as an aggressive asset and Bitcoin as a foundational one.

His Bitcoin holdings, by contrast, have not moved. Sun said his core BTC position…