CoinVoice has recently learned that, according to social media information, LD Capital founder Yi Lihua responded to the incident of 'Trend Research depositing 17,289 ETH worth nearly $53 million into CEX' by stating, 'During the bull market, when FOMO hits, borrow on leverage to maintain spot holdings and wait for new opportunities.'
Previously, LD Capital's Trend Research increased its holding of ETH with 2x leverage: borrowing about $270 million from Aave to purchase ETH. Their comprehensive cost for ETH is around $2250, and now with the ETH price at $3127, their floating profit of 182,000 ETH has reached $160 million. [Original link]
