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Justin Sun sells 80%-90% of Ethereum, shifts focus to US crypto stocks for better returns.

Market News
01 Nov 2026, 16:57 WIB
Zycrypto
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Justin Sun sells 80%-90% of Ethereum, shifts focus to US crypto stocks for better returns.

Justin Sun, CEO of TRON, sold 80%-90% of his Ethereum holdings, citing a bearish double top pattern and sluggish performance in ETH. He plans to reallocate these funds into US crypto stocks, which he believes are undervalued and offer better growth potential. Sun's move aims to diversify his portfolio and capitalize on the US market's opportunities, including his investment in World Liberty Financial, a US-based DeFi platform. This shift highlights a strategic pivot from Ethereum to US crypto equities amid market challenges.

World Liberty Financial (WLFI), the US-based DeFi platform linked to Justin Sun's investment, trades at Rp924 on Pluang as of Nov 01, 2026 22:22 WIB. The stock shows a positive 1.05% change in the last day with a market cap of Rp29,2T. Pluang investors currently favor buying WLFI, with 75% of order activity on the platform being buy orders.

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