LD Capital founder Jack Yi reiterated his bullish stance on ETH in a post, revealing that their Trend Research division holds 142,000 ETH.

Blockbeats
Jun 10

According to BlockBeats, on June 10, LD Capital founder JackYi once again reiterated his strong bullish stance on Ethereum and its ecosystem tokens. He stated that he currently holds long positions in 100,000 ETH options. JackYi believes that Ethereum's ecosystem is undervalued for several reasons, including: the undervaluation of ETH itself and optimism about the ETH/BTC exchange rate recovering during a bull market; the projects with real revenues, users, and products will be the first to benefit from traditional capital inflows as crypto regulations become more lenient; and recent Wall Street capital inflows into Ethereum for accumulation.

Trend Research, a subsidiary of LD Capital, has openly expressed a bullish sentiment on ETH. Currently, it holds 142,000 ETH, with unrealized profits of $42.35 million. Trend Research revealed that it began accumulating ETH long positions starting from $1,400 and published a bullish research report at $1,800, which was the first such report among institutions. According to @ai_9684xtpa, an analyst monitoring blockchain activity, the Trend Research address currently holds 142,137 ETH, valued at $374 million, with cumulative profits of approximately $66.08 million, of which $42.35 million are unrealized gains. Since December 20, 2024, Trend Research has acquired 181,662 ETH at an average price of $2,340 from Binance, OKX, and on-chain transactions, amounting to a total value of $425 million.

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