LD Capital founder reiterates bullish view on Ethereum, currently holds 100,000 ETH options long position

CoinRank News: JackYi, founder of LD Capital, once again reiterated his firm bullish view on Ethereum and its ecological tokens. He said that he currently holds 100,000 ETH options long orders and believes that the Ethereum ecosystem is undervalued for the following reasons: ETH tokens themselves are undervalued, and he is optimistic about the rebound of the ETH/BTC exchange rate during the bull market; after the liberalization of encryption policies, projects with real income, users, and products will first benefit from the inflow of traditional capital; Wall Street funds are flowing into Ethereum to build positions recently. Trend Research, a subsidiary of LD Capital, is openly bullish on ETH and currently holds 142,000 ETH, with a floating profit of 42.35 million US dollars. Trend Research said that the agency started to build long positions at ETH 1,400 US dollars this round, and wrote a research report at 1,800 US dollars, which was the first bullish report among institutions on the entire network.