Justin Sun Has ‘No Intention Of Selling’ ETH Despite A 52% YTD Slump—Crypto Mogul Says Tron Will Continue Collaboration With Ethereum
Cryptocurrency mogul Justin Sun declared Thursday that he won’t dump his Ethereum (CRYPTO: ETH) holdings despite the continued decline in its value.
What Happened: Sun, the founder of the Tron (CRYPTO: TRX) blockchain, expressed a strong conviction for the second-largest cryptocurrency in an X post.
“ETH is currently at a low price, but we have no intention of selling our ETH holdings,” the cryptocurrency entrepreneur wrote.
Instead, he stated that Tron was looking to collaborate with more Ethereum developers to “build the industry together.”
Justin Sun is one of the largest cryptocurrency investors, with a portfolio worth more than $994 million, according to data from Arkham Intelligence. He held 203.175 ETH as of this writing, worth $322,510, …
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