Jack Ma bought 10,000 ETH! What should retail investors do?!
[🐱 Cat's Eye on the Whales] Yunfeng Financial wildly scoops up 10,000 ETH! Jack Ma's family has finally reached into the crypto vault～]
▌Event Analysis:
On September 2, Hong Kong-listed company Yunfeng Financial (00376.HK) splurged 44 million USD of its own cash and bought 10,000 ETH in one go! This cat widened its eyes to take a look at the announcement—this money is not borrowed, it's all cash from its own vault, and in financial handling, it was specifically marked as 'investment assets', clearly indicating a long-term hold!
▌Whose vault is ringing?
The 'cloud' in Yunfeng Group's name is derived from Jack Ma himself! Yu Feng and Jack Ma, the two giants, co-founded this; this is not a small-scale play but a strategic plunge into the Web3 pond—the announcement directly states: 'The era of decentralized blockchain has arrived' (direct quote, take note!)
▌Event Analysis:
On September 2, Hong Kong-listed company Yunfeng Financial (00376.HK) splurged 44 million USD of its own cash and bought 10,000 ETH in one go! This cat widened its eyes to take a look at the announcement—this money is not borrowed, it's all cash from its own vault, and in financial handling, it was specifically marked as 'investment assets', clearly indicating a long-term hold!
▌Whose vault is ringing?
The 'cloud' in Yunfeng Group's name is derived from Jack Ma himself! Yu Feng and Jack Ma, the two giants, co-founded this; this is not a small-scale play but a strategic plunge into the Web3 pond—the announcement directly states: 'The era of decentralized blockchain has arrived' (direct quote, take note!)
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