In an astounding display of financial masochism, Tron’s very own Justin Sun is clutching his Ethereum like a cat with a sunny windowsill—unyielding, awkward, and completely ignoring the obvious heat. As the wobbly price of Ethereum tries to do a clumsy moonwalk back up, Sun cheerfully announced he has no plans to offload his precious digital magic beans.
Tron’s Justin Sun: No Sell Button Found on ETH Wallet
Despite Ethereum’s price tangoing the cautious two-step toward the basement, Sun has firmly planted his feet, announcing via X (formerly known as “the other thing people tweet on”) that he’s not selling a single ethereal coin. Because who needs liquidity when you can have diamond hands strong enough to file for knuckle replacement?
“ETH is currently at a low price, but we have no intention of selling our ETH holdings,” Sun declared, probably while sipping a very expensive latte that the market could have helped pay for.
While the Tron Foundation casually keeps its ETH stash top secret, rumor mill engines churn that the founder himself hoards approximately 665,000 ETH, currently worth just under a billion dollars—even if those dollars are now more like “enthusiastic IOUs.”
Once valued near an eye-watering $2.5 billion, Sun’s Ethereum mountain has slumped—much like my enthusiasm after three cups of weak coffee. Yet, our hero refuses to bail, holding tight as if explaining to his portfolio, “We’re just in a phase, like grunge, but for crypto.”
Meanwhile, Ethereum whales, less emotionally invested and more financially pragmatic, are offloading coins at a loss, nudging prices nervously toward the dreaded sub-$1,500 lair.
Putting the ‘Fun’ in Fundamental Ethereum Collaboration
With his steadfast grip on his digital treasure, Sun promises to cozy up even closer to the Ethereum developers, scheming collaborations that will hopefully ignite some sort of growth spurt in the otherwise temperamental crypto toddler.
“Tron will continue to seek opportunities to collaborate with more Ethereum developers and build our industry together,” he said, probably envisioning some techno-futuristic kumbaya session over coffee and smart contracts.
While specifics remain as elusive as that one sock that disappears in the laundry, this planned alliance is expected to unleash a flurry of activity worthy of a caffeinated squirrel—at least in ecosystem terms.
Not the first rodeo for Sun, who previously pitched grand plans involving three-year sales bans on Ethereum Foundation and taxing layer-two protocols, aiming to catapult ETH prices to a mythical $10,000 fantasy land.
At the time of writing—so don’t quote me in the inevitable crypto crash—Ethereum trades at $1,581. Having fallen a rather dramatic 46% over the last year, some hopeful chatter whispers about a bottom and possible rally to $2,000, fueled by optimism in US unemployment stats and trend lines that look suspiciously like an uptrend. Whether or not this leads to a splendid push toward $4,800 remains a saga better told with popcorn and a stiff drink.
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2025-04-18 05:16