Justin Sun Maintains His BTC Position and Reduces ETH Holdings to 20%

Huoxing Finance report: On October 17, Justin Sun, founder of TRON, shared his views on personal assets outside of TRON during a 3.5-hour in-person conversation with Jin Ming. Key allocation points include: · BTC: Held as a core position; no reduction over the past year. Although concerned about potential threats from quantum computing and AI algorithms, and believing the market has not fully priced in these risks, he continues to hold, using a cold wallet “bunker mode” for isolation. · ETH: Reduced approximately 80%–90% of his speculative position when the price was between $3,600 and $4,000 last year; currently retains only about 20% as a core holding, with no repurchase yet. Most proceeds from the sale were transferred to U.S. equities. · NVIDIA: Primary position in U.S. stocks, positioned as a core holding in the AI sector, heavily weighted and not reduced. · Nasdaq 100: Heavily held. Moderately bearish on the medium term (due to capital concentration, high interest rates, etc.), but has not taken short positions and maintains the allocation. · A-shares: No exposure. Overall bearish on traditional assets, with greater preference for AI applications and Web3. During the interview, Sun emphasized that ETH is an offensive asset while BTC serves as a core holding. He also expressed optimism toward AI applications such as healthcare management, while being bearish on certain hardware sectors. These are summarized highlights from the interview and do not constitute a complete balance sheet.