Justin Sun stated in an interview with William Joy on October 16, 2026, that he had sold 80-90% of his Ethereum (ETH) position at around $3,600-$4,000, retaining only a core holding, and had not bought back in as of the interview. He noted that ETH appeared to have formed a fragile double top, prompting his sharp reduction in position, while his core Bitcoin holdings remained untouched. Subsequently, he heavily invested in US stocks, anticipating capital to concentrate in that market.