According to Odaily, Jack Yi, founder of LD Capital, has reiterated his strong bullish stance on Ethereum and its ecosystem tokens. He disclosed holding 100,000 ETH options, emphasizing that Ethereum's ecosystem is undervalued due to several factors. Yi believes the ETH token itself is underestimated and anticipates a recovery in the ETH/BTC exchange rate during the bull market. He also noted that projects with real revenue, users, and products will benefit first from traditional capital inflows once crypto policies are relaxed. Additionally, Wall Street funds have recently started accumulating Ethereum.
LD Capital's Trend Research division is openly bullish on ETH, currently holding 142,000 ETH with unrealized gains of $42.35 million. Trend Research stated that they began accumulating ETH at $1,400 and published a bullish report at $1,800, marking the first such report across institutions.