[Justin Sun Reduces 80-90% of ETH Holdings to Invest in U.S. Tech Stocks, Bitcoin Cold Storage Remains Untouched] According to a report by Crypto Briefing on October 19, as cited by Jinse Finance, TRON founder Justin Sun stated in an interview on October 17 that he has reduced 80-90% of his aggressive ETH positions, with most sales occurring in the $3,600 to $4,000 range. The proceeds were primarily redirected into U.S. stocks, focusing on the technology sector. He mentioned that he currently retains only 20% of his original ETH holdings as foundational assets and has no plans for buybacks, viewing ETH as an aggressive asset and Bitcoin as a foundational asset. His core Bitcoin holdings remain unchanged and are stored in cold wallets (offline storage) due to concerns about risks from quantum computing and AI algorithms. In terms of stocks, NVIDIA is his primary U.S. equity holding, with no reductions, and he also holds significant positions in the Nasdaq-100 index, with no exposure to A-shares. On-chain data shows that his disclosed total holdings exceed $2.25 billion, including Bitcoin and stETH. Justin Sun expressed a slightly bearish view on the Nasdaq-100 (citing concerns about capital concentration and rising interest rates) but has not taken short positions.