Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Jack Yi, Founder of LD Capital: Favoring ETH Is a Trend in Investment and Research, Black Swan Events Are a Normal Financial Phenomenon

Jack Yi, Founder of LD Capital: Favoring ETH Is a Trend in Investment and Research, Black Swan Events Are a Normal Financial Phenomenon

金色财经2025/06/15 07:55
AAVE-0.61%ETH+0.06%

Jack Yi, founder of LD Capital, posted on X, stating: Being bullish on ETH is a matter of trend investing and research. Sudden black swan events are a normal phenomenon in finance. Someone once warned me to be mindful of war, and I didn’t expect Israel to act so decisively. I hope world peace is not just an empty slogan. After the turmoil subsides, I remain bullish on ETH and will continue to hold spot positions.

Previously, Jack Yi posted a bullish outlook on ETH, noting that there are $1.3 billion in CME short positions, $1 billion in AAVE shorts, and at least $3 billion across various exchanges, totaling $5 billion in ETH short positions that could be forced to cover. In a short squeeze scenario, ETH reaching $3,000, $3,500, or even $4,000 is highly possible. This is the core reason for buying 100,000 ETH options.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Avalanche chain TVL doubles in two quarters to $2.1 billion
2
The net inflow of US spot Bitcoin ETFs reached $553.22 million yesterday.

Crypto prices

More
Bitcoin
Bitcoin
BTC
$116,496.13
+0.97%
Ethereum
Ethereum
ETH
$4,500.85
-0.54%
XRP
XRP
XRP
$3.02
+1.18%
Tether USDt
Tether USDt
USDT
$1
-0.00%
BNB
BNB
BNB
$958.16
+3.96%
Solana
Solana
SOL
$234.67
-0.22%
USDC
USDC
USDC
$1.0000
-0.01%
Dogecoin
Dogecoin
DOGE
$0.2668
-0.44%
TRON
TRON
TRX
$0.3414
-1.28%
Cardano
Cardano
ADA
$0.8757
+1.72%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter