According to Odaily Planet Daily, LD Capital founder Jack Yi reiterated his bullish outlook on Ethereum and its ecosystem tokens, holding 100,000 ETH call options. He believes the Ethereum ecosystem is undervalued, and the ETH/BTC exchange rate is expected to rebound.
After the relaxation of cryptocurrency policies, projects with real revenue, users, and products will be the first to benefit from traditional capital inflows. Recently, Wall Street funds have been flowing into Ethereum for accumulation. Trend Research, under LD Capital, is bullish on ETH, currently holding 142,000 ETH, with an unrealized profit of 42.35 million dollars.
Trend Research began accumulating long positions on ETH starting at $1,400, and published a research report at $1,800, being the first to express a bullish outlook among institutions.
