Justin Sun reveals 80%–90% Ethereum sale at $3,600–$4,000, pivots to Nvidia and Nasdaq-100

Justin Sun, the founder of TRON and a notable figure in the blockchain industry, stated that he sold approximately 80% to 90% of his Ethereum holdings when ETH traded between $3,600 and $4,000. He shared this information during an October 16 interview with Jin Ming, disclosing that the decision reflected concerns about market fragility and potential price reversals. Sun attributed the major reduction in his Ethereum portfolio to technical factors. He referenced a double-top formation after Ethereum approached its earlier highs near $4,800 before pulling back, then advancing toward the $4,000 zone again. Although this pattern is widely watched for possible reversals, it does not confirm a turn by itself.

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