According to Ember monitoring, in addition to holding 173,000 ETH, Trend Research under LD Capital also controls 64.25% of the total supply of the meme coin NEIRO.
In response, JackYi, founder of LD Capital, stated, "We have only bought and not sold in the secondary market with real money. It was simply because MEME was trending at the time, and I wanted to buy in at a low market cap, hoping patience would make it the leading MEME in the ETH ecosystem. The more I bought, the more I became a major holder. I think buying in the secondary market with real money isn't a shady thing, right? This project has been around for a long time."